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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
Edison International Says FundsCan't be Raised for SoCal Ed
LCG, Aug. 1, 2001Edison International Inc. said yesterday in a conference call with unsecured creditors that if the state of California does not come through on its deal to purchase the transmission system of subsidiary Southern California Edison Co. the parent company will be unable to help its utility avoid bankruptcy.Edison International doesn't have the money according to Ted Craver, its chief financial officer, and "The ability of the holding company to secure any additional debt I would say is nil."California lawmaker are currently on vacation, and will not return to Sacramento until August 20, five days after an "inviolable" deadline agreed to by SoCal Ed and California Gov. Gray Davis when they negotiated the wires takeover earlier this year.The so-called "rescue" package for SoCal Ed has had tough sledding in the legislature, with some lawmaker calling for Edison International to do some of the bailing out. But Craver said the parent had just been through an "extremely difficult refinancing process which was very expensive."The major credit rating firms have dropped the debt of both parent and utility to the level of junk bonds, and Edison International was forced to pay 14 percent interest on a recent issue.Craver criticized a bill approved in the state Senate that would provide state backing for $2.5 billion in bonds to be issued by SoCal Ed with $1.2 billion going to financial institutions and $1.3 billion to so-calledqualifying facilities."That is the one which is in our estimation unworkable from a standpoint of making us creditworthy,"he said.Two measures in the state Assembly have yet to go to the floor of that chamber, but both deviate significantly from the deal struck between the governor and the utility.
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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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