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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
Connecticut Attorney General Outraged Over FERC Locational ICAP
LCG, November 18, 2004--Reaching a solution for Connecticut's wholesale electricity market and related reliability problems is a challenging task. The Federal Energy Regulatory Commission (FERC) and ISO New England (ISO-NE) plan to implement a locational capacity market that includes two capacity regions in Connecticut, one region for Maine, one for eastern Massachusetts and one for the rest of New England. In the near term, it is expected that higher capacity prices would be paid to generators in the southwestern corner of Connecticut to attract new generation to resolve the localized shortfall. "This two-zone decision divides Connecticut against itself and is an outrage," said Connecticut Attorney General Richard Blumenthal, who plans to try and reverse the ruling. A final decision is anticipated by June 2005, with implementation targeted for January 2006.On Tuesday, Governor M. Jodi Rell also expressed his opposition to the ruling. It's painfully obvious that the real problem in southwestern Connecticut is the capacity of the existing network to carry power, not the lack of power generation," said Rell.Transmission studies to resolve Connecticut's problems have been underway for some time. One plan for southwest Connecticut is focused on running the last 24 miles of the Middletown-Norwalk line underground into Norwalk. The underground design is desired by the City of Norwalk and its residents. The technical staff from ISO New England, Connecticut Light & Power and United Illuminating Company have struggled to develop an underground solution that is technically acceptable from a reliability standpoint and is continuing to evaluate alternatives.A related, key issue is who pays the incremental costs - estimated to be at least $250 million - for underground rather than above ground cables. In a previous filing, ISO-NE cautioned that the increased costs are unlikely to qualify for regional cost support and that Connecticut residents and businesses may be responsible for such costs. Who pays and how quickly an upgrade project is completed is difficult to determine, especially when one considers Connecticut's track record with another controversial transmission project, the Cross Sound Cable.In a statement released yesterday, ISO-NE President and Chief Executive Officer Gordon van Welie stated, "[T]here are no cheap fixes for Connecticut's energy dilemma. Whatever option is chosen, it's time to move forward."
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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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