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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
NRG Sees No Legal Justification for FERC Ruling
LCG, July 25, 2003--A ruling by the Federal Energy Regulatory Commission that required NRG Energy to continue honoring a contract with Connecticut Light & Power seems to give insufficient recognition to other outstanding claims of the company as it attempts to restructure in bankruptcy, the company's lawyers told the agency.FERC this week said that an explanation should be given for how the generating units would continue to operate if the company's bankruptcy led to its assets being liquidated. NRG stated in a letter that "the continued operation of NRG's generating assets, including those located in the Northeast, is among the highest corporate priorities," and that it is in continued communication with the Connecticut attorney general and CL&P. The attorneys questioned the requirement that an assurance that the units would continue to run, regardless of liquidation, should be provided.At the same time, citing the danger that liquidation would be forced upon it, NRG said it had "an obligation to itself and its creditors to exhaust every possibility to shed the (CL&P contract) in accordance with the Bankruptcy Code." According to the company, it is losing $500,000 per day because of the costly contract.
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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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