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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
Seattle Raises Electric Rates 18 Percent
LCG, Jan. 30, 2001The Seattle City Council yesterday approved an 18 percent electric rate increase for City Light, its municipal utility, citing high wholesale power prices worsened by a lingering drought that has curtailed usually plentiful hydroelectric power.Before the 9-0 vote was taken, Councilwoman Jan Drago said "There's not a one of us that likes to raise taxes or raise rates, but that's what we're here to do." City Light spokesman Bob Royer noted that power was selling for $25 per megawatt-hour a year ago has been running at more than $300 a megawatt hour this month. That is in the same range as the prices that have force two big California utilities into insolvency, but their regulators reluctantly allowed only a $10 per megawatt-hour rate increase, and that after the damage was done. City Light said that if the drought continues, and if power is siphoned off to California, it could need another rate increase this summer, perhaps as high as 30 percent. On top of that, when the municipal utility's new contract with the federal Bonneville Power Administration goes into effect in October, rates could increase again. Councilman Jim Compton said Seattle should invest in new power plants to avoid being at the mercy of Bonneville and independent power producers. "Get ready, folks. It's coming, and we have to defend ourselves and our region," he 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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