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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
Puget Energy Says California Caps Affect Us, Too
LCG, Nov. 3, 2000--Puget Sound Energy Corp. has requested federal regulators to uniformly impose price caps on sellers of wholesale electricity in both the California and Pacific Northwest power markets.Puget Energy said that price caps set only in California without the same applied in the Pacific Northwest would result in California buying Pacific Northwest power at artificially low prices when they needed it and Pacific Northwest customers paying higher costs when the need is reversed."Generally, we do not favor price caps since they do not allow a wholesale market to workcompetitively," said William A. Gaines, Puget Sound Energy vice president of energy supply. "But inthis case, the only thing worse than a price cap is a price cap on only part of the market."Gaines' remarks came in anticipation of power price limits that could be imposed by the Federal Energy Regulatory Commission in the wake of the agency's investigation into California's wholesale electricity market."While Puget Sound Energy strongly supports a competitive marketplace, any federal action thatwill alter the wholesale electric market in one region, needs to apply to all affected parts of thatregion," Gaines added.In a complaint filed with FERC, Puget Energy pointed out that thousands of power transaction occur each month between California and the Northwest, and told the federal regulators that it is "unfair and unduly discriminatory to protect wholesale purchasers in California with a price cap and yet deny similar protection to wholesale purchasers in another part of essentially the same market, i.e. the Pacific Northwest."
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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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