|
News
|
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
|
|
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
|
|
|
Industry News
FERC Agrees: California Not Owed $8.9 Billion
LCG, July 26, 2001The Federal Energy Regulatory Commission yesterday agreed with its top administrative law judge that California is not owed the $8.9 billion its governor, Gray Davis, is demanding from power producers he calls "the biggest snakes on the planet earth."At the same time, FERC said it would hold a hearing to determine what, if anything, the state is owed. The agency could order California power purchasers its investor-owned utilities as well as state agencies to pay their unpaid power bills.The hearing will aim at clearing up the refund issue once and for all. "This industry needs, deserves and must have certainty. The people of California need, deserve and must have certainty," said Chairman Curtis Hebert.In two weeks of negotiations conducted by Judge Curtis Wagner in late June and early July, California did not budge a cent from its demand for $8.9 billion, though generators conceded that about a tenth of that could be refunded if they were paid in the first place.FERC voted yesterday to accept Wagner's conclusions that the state might be owed as much as $1 billion and was probably not entitled to cash payments because that sum could be offset by the amount owed the power producers.Davis clung to his demand for $8.9 billion as if his political future depended on it and it may."As for the energy profiteers and pirates, let me make clear that I will not rest until every dollargouged from California businesses and residents return to California. If the FERC does not makeCalifornia whole, we will see you in court," the governor said in a statement.Another FERC administrative law judge, Bruce L. Birchman, will preside over the quasi-legal hearing, which will focus on wholesale sport market power transactions that occurred between Oct. 2, 2000 and June 20 of this year.The California Independent System Operator, which created the study upon which Davis bases his claim for $8.9 billion, will have 15 days to submit evidence to back up its figures. Birchman will then have 45 days to submit a report for FERC's five commissioners who will then vote on his recommendations.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
