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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
DOE Backs Bonneville Wind Power Projects
LCG, June 26, 2001--The U.S. Department of Energy announced this morning that, through the Bonneville Power Administration, it intends to sign pre-development agreements for seven wind power projects to provide an additional 830 megawatts of generating capacity in the Pacific Northwest."Hydropower, geothermal, wind, and other renewables are highlighted in the National Energy Policy for their potential for strengthening America's energy security," said Energy Secretary Spencer Abraham. "While renewables remain a small percentage of our electricity generation portfolio, we look forward to increasing this share through continued federal leadership."Bonneville, the huge taxpayer-owned electricity marketer, selected the wind projects from 25proposals totaling about 2,600 megawatts, the largest request for wind proposals ever conducted in the United States.The average first-year cost of the power is expected to be less than $30 per megawatt-hour, the DOE claimed. After adding in costs of intermittent wind generation, Bonneville's wind program is projected to be cost-competitive with other sources of generation such as coal and natural gas.The Energy Department said the projects could be up and running in about two and a half years. Five of the projects are in Washington State and two are in Oregon.Because of the unreliability of wind, power generated in wind farms cannot be contracted for in advance, and must be used to offset reliable generation that may be less environmentally benign. Moreover, wind power experts concede that wind power installations can be expected to produce only 20 percent of their nameplate capacity.The DOE, it appears, will fund the equivalent of 166 megawatts of back-up generation. Financial details were not disclosed.
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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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