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News
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LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.
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LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.
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Press Release
California Electricity Market 10-Year Forecast
LCG, October 19, 2015-LCG Consulting of Los Altos, California has announced the release of its latest ten-year forecast of the CAISO electricity market (2016-2025). Results suggest that the mandated, large-scale deployment of renewables will impact the state’s electricity market. The study includes hourly price forecasts at Default Load Aggregation Points (DLAP) and Trading Hubs. Results also include monthly summaries of constraints that experience the highest congestion and generation by fuel type.
With State's renewable portfolio standards (RPSs), California is expected to experience rapid renewable technology deployment over the coming decade. Large scale solar deployment will impact the state’s net load during peak hours and have significant implications for hourly locational marginal prices (LMP). This along with other proposed supply and demand side changes will have significant impact on the state’s future electricity market. In order to forecast the impact of these factors on the California electricity market LCG has conducted an extensive study to simulate CAISO operations through 2025.
LCG used the UPLAN Network Power Market model to perform hourly nodal simulations of every hour of the time horizon. UPLAN is a fundamental model that represents all generation units, loads, and transmission infrastructure in CAISO and simulates the physical and financial behavior of the participants in the CAISO market with respect to the market protocols. The study includes detailed forecasts of load, fuel prices, renewable and hydro generation profiles, and generation expansion and retirement. The analysis takes into consideration the RPS target, reserve margin and ramping requirements set recently by California regulators and CAISO. Read more.
Please contact LCG at info@energyonline.com for more information.
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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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