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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 Reports 2000/2001 Blackouts Were Unavoidable
LCG, March 28, 2002The Federal Energy Regulatory Commission reported that Californias electricity industry could not have provided enough energy to prevent blackouts during the energy crisis.Wednesday, FERC released the report along with a second, larger document addressing market manipulation.The report showed "no evidence that any of the generators withheld any material amounts of available power during the hours of the firm service interruptions."Withholding capacity was only one of a stream of allegations aimed at power plant owners after Enrons "smoking gun" memos were found last year.The California Public Utilities Commission made a filing with FERC more than seven months ago, alleging six companies withheld electricity capacity and therefore contributed to blackouts. CPUCs report was based on data from the California Independent System Operator (ISO), a not-for-profit grid manager responsible for reliability. These six companies were AES Corporation, Duke Energy Inc., Dynegy Inc., Mirant Corp., Williams Cos., and Reliant Resources Inc.The ISO asserted that data used to compile the CPUC report may have been inaccurate or incorrectly interpreted but does believe that either physical or fiscal withholdings may have contributed to elevated electricity prices.FERC has essentially closed the issue of withheld capacity leading to blackouts but has not stated its position on whether or not withholdings affected the price of wholesale electricity.The full report can be found online at www.ferc.fed.us
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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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