EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

Edison and Ford Announce Plans to Develop Plug-in Hybrid Electric Vehicles

LCG, July 10, 2007--Edison International, the parent company of Southern California Edison (SCE), and Ford Motor Company yesterday announced their collaboration to examine the future of plug-in hybrid electric vehicles (PHEVs) as part of a complete vehicle, home and grid energy system. Edison and Ford plan to examine the potential benefits of PHEV use, including enhanced energy security, reduced greenhouse gas emissions, lower fuel costs and more cost-effective use of the nation's electricity grid.

SCE operates the nation's largest fleet of electric vehicles and the nationally recognized Electric Vehicle Technical Center in Pomona, California, where advanced battery technologies are tested to explore new applications of power and technology. Ford introduced the world's first hybrid sport-utility vehicle.

As a transportation fuel, electricity is 50 percent to 75 percent less expensive than the equivalent cost of a gallon of gasoline, according to Ford. However, PHEVs currently are not generally in use because of the high cost of advanced batteries.

Ford and SCE will explore whether these advanced batteries have other uses that could reduce their cost to consumers. For example, owners could charge their vehicles in the evening when the electricity prices are lower and use that energy during peak hours of the day, when electricity prices are high. Advanced batteries also could store energy from rooftop solar panels more efficiently. Furthermore, as such applications grow, Ford and SCE believe a secondary market could develop for the value present in used plug-in hybrid electric vehicle batteries at the end of their vehicle life.

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