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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
California Assembly Passes RPS Legislation with Target of 50% Renewables by 2030
LCG, September 23, 2015-The California State Assembly on September 11 passed legislation (SB 350) by a vote of 51-26 to raise the state's Renewable Portfolio Standard (RPS) goal for procurement of renewable resources from 33 percent in 2020 to 50 percent by the end of 2030. The legislation, the Clean Energy and Reduction Act, is expected to be signed by Governor Brown by the end of the month.
The Clean Energy and Reduction Act includes requirements for the doubling of energy efficiency savings in electricity and natural gas by retail customers by 2030.
The 50 percent renewable energy standard will be implemented by the California Public Utilities Commission (CPUC) for investor-owned utilities (IOUs) and other retail sellers that are subject to CPUC jurisdiction. The California Energy Commission (CEC) will implement the standard for publicly-owned utilities (POUs).
The legislation sets forth a process to implement and evaluate procurement plans, including an annual renewable energy procurement plan that each retailer of electricity must provide. The retailers are called upon to provide integrated resource plans (IRP) for approval.
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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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