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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Coal Should Advertise, says Department of Energy
LCG, May 8, 2002--The U.S. Department of Energy (DOE) has suggested the coal industry begin promoting itself through advertisements. Coal provides about half of U.S. energy, and according to DOE fossil fuel chief Mike Smith, should boost its image as a commodity. Like milk, cotton, and beef, Smith believes that advertising will show people the importance of this commodity in the U.S. market. He says it is in keeping with President Bush's energy plan, which includes educating the public on energy. One might argue that the public at large buys very little coal, in contrast to retailed milk, cotton, or beef, and advertisements hardly aim to educate, but Smith, former president of the Oklahoma Independent Petroleum Association, suggested that the National Coal Council "get to know how much these things cost," according to Dow Jones News. The National Coal Council is open to the idea of advertising, although some outside of the coal industry contend that advertisements will result in a loud reaction from environmental groups.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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