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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
Federal Prosecutors Say El Paso Calls Show Conspiracy
LCG, Jan. 13, 2002--During a court hearing today, an Assistant U.S. Attorney, John Lewis, said that the Justice Department has evidence of attempts by the natural gas pipeline owner El Paso Corp. to manipulate the natural gas market during the past two years.A spokeswoman for El Paso, Norma Dunn, said that the company's ethics would not allow false reporting of price data. The company, which has been cooperating with prosecutors in the U.S. Attorney's Houston office, said that it had uncovered evidence of more false reporting in addition to what it had previously disclosed. El Paso Corp. has maintained that those involved are no longer with the company, which is ending its trading operations.Charges were brought by prosecutors against Todd Geiger, a former trader for El Paso, in December, for submitting false trades to an industry publication. The publisher of the publication Inside FERC Gas Market Report, Platts, is a subsidiary of McGraw-Hill Cos. Platts said that it did not incorporate the prices reported by Geiger into its indexes, because they fell outside the range of other reported trades. It has not yet made a statement on what happened in the case of other reported trades.Much of the government's evidence is provided by the substance of 130 to 140 recorded phone calls between traders, which were provided by El Paso on Friday. U.S. District Judge Nancy Atlas today scheduled March 24 as the trial date for Mr. Geiger.
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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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