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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
Massachusetts Poised to Target More Offshore Wind
LCG, August 2, 2018--The Massachusetts Legislature approved H4857, An Act to Advance Clean Energy, on Tuesday that includes: an increase in the Massachusetts Renewable Portfolio Standards (RPS) goals to 35 percent by 2030, a 1,000 MW energy storage goal by 2025, and a path to install an additional 1,600 MW of offshore wind capacity. With the current goal of installing 1,600 MW of offshore wind capacity, the total offshore wind capacity would be 3,200 MW. The legislation will now be received by the Governor of Massachusetts.
The bill calls for the state's Department of Energy Resources (DOER) to "investigate the necessity, benefits and costs of requiring distribution companies" to jointly and competitively conduct additional offshore wind generation solicitations and procurements of up to approximately 1,600 MW of aggregate capacity by 31 December, 2035.
Massachusetts's electric distribution companies (EDCs) and the DOER earlier this year selected the 800 MW Vineyard Wind project as one step toward achieving the initial goal of adding 1,600 MW of offshore capacity. Yesterday, the DOER requested approval of the long-term contracts for the Vineyard Wind project filed by the EDCs.
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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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