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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
NY Contingency Plan for Nuclear Reactor Closures Advances
LCG, February 6, 2013--Consolidated Edison, Inc. and the New York Power Authority (NYPA) filed with the Public Service Commission (PSC) on February 1 to seek regulatory approval to issue a solicitation for resources to replace the Indian Point nuclear power plant should it be retired.
The proposal from the companies includes three transmission projects (NY Transco projects) and a Request for Proposals (RFP) process initiated by NYPA to consider generation and/or transmission alternatives. The PSC would lead the RFP assessment, with definitive plans to be presented to the PSC for approval by September 2013.
The need for the new resources is driven by the Governor's Energy Highway, a Blueprint for New York that was released last fall. The Blueprint calls for a contingency plan to provide for the closure of the 2,063-MW Indian Point Power Plant. Furthermore, last November the PSC directed Consolidated Edison to develop with NYPA a contingency plan for the closure of the facility. NYPA is a state-owned generator that supplies power to government customers in New York City, and Consolidated Edison is an investor-owned energy company.
The Governor of New York has expressed his desire to close the nuclear reactors, located about 40 miles north of Manhattan along the Hudson River, when the operating licenses expire in September 2013 and December 2015. The governor has stated that even the most unlikely possibility of an accident is too much in the heavily populated area.
The owner of Indian Point, Entergy, claims the reactors are safe and filed with the Nuclear Regulatory Commission (NRC) in 2007 to renew the Indian Point operating licenses for a 20-year extension.
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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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