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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
Texas Has Power Glut for Now
LCG, May 30, 2002--Despite the cancellation of 15,000 megawatts of power resources that had been planned in Texas, the Lonestar State is heading into the summer peak season with 24 percent higher electric capacity than expected demand.The state's overall capacity gives the state nearly twice the reserve margin considered necessary for reliability by the Electric Reliability Council of Texas. Since 1995, 16,000 megawatts of new generation has become operational, and 13,000 megawatts are under construction. 5,000 megawatts remain in development.The building boom would have been helpful for any state, but for Texas, which has little in the way of transmission connecting it to other states, it provided self-reliance. Two small DC ties transfer up to 800 megawatts to and from the Southwest Power Pool. This means that most of the power supply will be available only to Texas customers.Ample supplies of natural gas are attractive to developers, said Daniele Seitz, an analyst with Salomon Smith Barney, speaking to Reuters. "That attracted a lot of developers, Calpine being one of the major ones," Seitz notes. The glut has made older plants, which are less efficient, more in danger of being mothballed.The boom in building seems to be close to tapering off. Said Seitz, "Once developers figured out that there was a lot of capacity coming on line and that it was not matched by the same kind of growth in demand, there was a very quick stoppage to that kind of (building)."
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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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