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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
ISO Says California Has Enough Capacity for the Summer
LCG, April 22, 2003Californias Independent System Operator said that the state will likely have enough electricity capacity for the peak usage that will come this summer. Yesterday, the ISO, a not-for-profit entity responsible for reliability in electricity transmission, released a report regarding this summer. In its view, California has sufficient surplus electric capacity to meet peak demand, which in the West comes during the hottest points in the year. The ISO did note that major plant outages or damaged transmission would alter the otherwise positive forecast. Summer peak demand is expected to be 42,894 MW, around 450 megawatts higher than during last year but still less than the all-time highest demand of 43,554 megawats, which occurred in the midst of an economic boom in July 1999. Some analysts worry that the surplus electricity will be insufficient to meet demand in the next few years because new generation projects have been slowed, suspended, or even cancelled due to poor market conditions. Also, older plants, especially coal-fired generators, may slowly go off line as they deteriorate or fail to meet new environmental restrictions. However, others may point to the fact that lower demand may be in part due to fewer customers because of the slowed economic conditions. Better economic conditions in the future may result in higher demand but may also catalyze new interest in plant development and the resumption of preexisting projects.
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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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