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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
FERC Approves Most of PJM's Proposed Rules for ITCs
LCG, March 18, 2003-FERC agreed with most of the rules proposed by PJM Interconnection regarding the establishment of independent transmission companies.PJM Interconnection, a non-stock transmission operator in the Mid-Atlantic states, gave the Federal Energy Regulatory Commission a list of proposed standards for potential independent transmission companies (ITC) within PJM's service area. Some consumer protection groups in Ohio, Pennsylvania, and Maryland opposed PJM's proposed standards, asserting that ITC's would have too much autonomy.FERC found the proposed rules acceptable for the most part but decided that PJM should not yield reliability and planning authority to ITC's.While FERC would not discuss possible rates to be paid to ITC's, the commission did mention that ITC's are likely to be addressed again when standard market design plans are finalized and released. FERC released a 32-page order late Friday. In the document FERC limited PJM's region to one tariff, which allows an ITC to have a separate schedule but not its own tariff. PJM will also set the congestion pricing mechanism, while an ITC can by itself apply targeted transmission investment, outage management, and new technologies.FERC also stated in the order that PJM will remain the regional reliability authority for any ITC and will provide ancillary services outside of scheduling, dispatching, and system control. PJM will also maintain authority over regional planning and will be able to prevent maintenance outages if the need arises. Any ITC would be responsible for maintenance and outage scheduling, however, in addition to managing transmission facility configuration.Members of a coalition including Commonwealth Edison Co. and American Electric Power Co. have been considering joining PJM as an ITC to be called GridCo East.
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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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