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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 Rulemaking on Intra-Company Communications Criticized
LCG, Apr. 14, 2003--The Federal Energy Regulatory Commission (FERC) has received a joint letter from three large energy trade groups that expresses concerns about a proposed set of standards that would govern the kinds of communications that are allowed between subsidiaries and top corporate executives.The standards extend to communications by employees in entities not traditionally regulated by the agency, such as transmission schedulers, and those who trade physical gas, electric power or energy derivatives. The FERC's proposal arose about a year and a half ago, and was intended to deter discrimination against non-affiliates of companies that are engaged in different parts of the energy markets. The trade groups that produced the letter are the American Gas Association, the Interstate Natural Gas Association of American and the Edison Electric Institute."Under the proposed definition of 'energy affiliate,' communications of transmission information for corporate governance purposes from a transmission provider subsidiary to senior management of the subsidiary's parent would be communications to an 'energy affiliate' that are restricted by the proposed rule," the filing of April 7 stated. They groups noted that while they are in accordance with the non-discriminatory aim of the proposed standards, the restriction on communication would be strongly contradictory to provisions of the Sarbanes-Oxley Act, which was passed in 2002 in response to the emergence of corporate scandals, particularly at Enron. Sarbanes-Oxley requires that the financial status of subsidiaries be fully understood by management.The letter also requested a technical conference to examine how communications could be less restricted by FERC, with the rulemaking pending under FERC docket RM01-10.
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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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