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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
NV Energy Offers Commercial Customers Low-Cost Renewable Energy Rate Option
LCG, March 7, 2019--NV Energy filed additional information with the Public Utilities Commission of Nevada (PUCN) about the Nevada GreenEnergy Rider (NGR 2.0) last week that makes available over a million megawatt hours of renewable energy resources for large commercial customers.
NV Energy's president and chief executive officer stated, "We believe we are the best energy partner for our customers and will continue to work closely with them to keep them as fully-bundled customers. NGR 2.0 offers eligible customers the ability to pay a rate directly tied to low-cost, Nevada-based solar resources, which is in line with our own philosophy to provide all of our customers with clean energy, while keeping rates low. This sustainable energy solution is a win-win as eligible customers will reduce their energy costs while NV Energy retains the renewable energy credits in order to comply with Nevada's renewable portfolio standard for the benefit of all customers."
The NGR 2.0 offering will reduce the cost most eligible commercial customers, including casinos and government entities, pay for electric service. Commercial customers who use a minimum of 8,760 megawatt hours of energy and have a load factor of 50 percent with an annual usage of one megawatt or more are eligible to participate. Governmental entities need only use 8,760 megawatt hours of energy annually.
The initial allotments for the renewable energy rate include up to 565,000 megawatt hours of solar for southern Nevada customers and 375,000 megawatt hours for those in the north.
The new NV Energy offering aims to retain existing customers and to avoid customers discontinuing electric service from NV Energy.
NV Energy will use an "open window" period for enrollment, which includes a first-in-time, first-in-right approach to designate renewable energy allotments. The first enrollment window will open on March 18, 2019, and will remain open until the resource pool is full.
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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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