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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
SoCal Edison Gets Two More Days to Pay Cal-PX
LCG, Jan. 17, 2001The Federal Energy Regulatory Commission, acting on a request from the California Power Exchange, voted late yesterday to give Southern California Edison Co. two more days to pay $215 million it owes the state agency for electricity purchases.While not exactly an agency of the state government, Ca-PX was set up by legislation restructuring California's electricity market as a market through which all wholesale power purchases in the state were required to be made. It is considered a major fly in the ointment of deregulation in the Golden State.FERC Chairman James Hoecker said California should use the two days to come up with a plan to solve its power crisis."I remain hopeful that California officials will use the 'breathing room' offered by today's order to make whatever painful decisions are necessary to avoid greater pain by California ratepayers," Hoecker said in a statement that accompanied the order."There should be some commitment by the State of California and its leadership to stop the financial bleeding of its utilities and to ensure that, on a going forward basis, the accounts receivable of those providing energy to California will not increase further," Hoecker said.
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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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