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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
Canada Takes Further Steps to Phase Out Coal-fired Generation
LCG, June 24, 2010--The Canadian Minister of the Environment announced yesterday that the Government of Canada will reduce greenhouse gas emissions (GHG) in the electricity sector by proceeding with regulations on coal-fired electricity generation.
Minister Prentice stated, "Today's announcement positions Canada one step closer to reaching its goal of being a clean energy superpower....A responsible, clear phase-out of the electricity sector's inefficient coal-fired generation will allow ample time for the implementation of cleaner generation technologies. This will create new jobs in the clean-energy sector, while helping Canada meets its commitment to greenhouse gas reductions....Our regulation will be very clear - when each coal-burning unit reaches the end of its economic life, it will have to meet the new standards or close down....No trading, no offsets, no credits."
There are 51 coal-fired units in Canada, with 33 identified to reach the "end of their economic life by 2025." Draft regulations are scheduled to be published next year. Final regulations are to be published later in 2011 and to come into effect on July 1, 2015.
In Canada, coal does not play as significant a role as it does in the United States in fueling power generation. Coal fuels approximately 15 percent of electricity generated in Canada, as opposed to nearly 50 percent in the United States. However, new challenges will need to be overcome in Canada if the baseload coal units, with varying levels of dispatchability, are replaced by intermittent renewables sources, like wind and solar resources.
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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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