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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
California ISO Suggests Market Enforcement Strategies
LCG, July 23, 2002-The California Independent System Operator, a not-for-profit company responsible for reliability in California's electricity transmission, has been discussing means by which to enforce market rules.ISO documents released on Friday included unannounced testing of generators in order to ensure availability and insistence upon publishing market information.Surprise testing would apply to those generators who sign contracts for providing reserve energy. The ISO may rescind "capacity payments" if generators are found to be unavailable.The ISO also has recommended publishing schedules in order that market manipulation will be more difficult to hide and the ISO's under and over-scheduling problems might be limited.The ISO's recommendations await stakeholder comments and will be sent to the ISO board of governors on Thursday for discussion.The ISO will release an enforcement plan on August 12 and hold a stakeholder meeting regarding the plan on August 15. Ultimately the ISO hopes to have its recommendations sent to and approved by the Federal Energy Regulatory Commission by November 25, at which point the ISO will begin employing the new measures.
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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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