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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
FERC Puts California $9 Billion Refund Case on Hold
LCG, Dec. 7, 2001--The Federal Energy Regulatory Commission yesterday canceled a December 17 hearing on California's claim for $9 billion in refunds from "robber" power producers and placed the case on hold indefinitely.The order, signed by FERC Chairman Pat Wood and three other commissioners, took California officials and the power companies by surprise. "The commission hereby directs the presiding administrative law judge to defer further action in the evidentiary hearing," FERC's three paragraph order read in part.The office of California Gov. Gray Davis saw both good and bad in FERC's action. "The bad news is that FERC is delaying taking action on the billions of dollars that are owed to Californians," said spokesman Steve Maviglio. "The good news, however, is that FERC is moving forward on a rehearing that will go beyond the refunds and cover additional points."FERC Administrative Law Judge Bruce Birchman, who had previously promised to issue a decision in March of next year, said "Everything is put on hold until the commission issues a further order." He could not estimate how long the case would be deferred.FERC's action stems from a request by some of the power companies that the commission look into the effect on the case of its July order capping wholesale power rates in Western states."If the commission were to grant rehearing or clarification of some of the issues raised (by the July action), this could potentially affect the calculations being determined in the evidentiary proceedings," FERC said in yesterday's order.California claims it is owed $9 billion as the result of "overcharges" by out-of-state companies that purchased power plants from the state's three investor-owned utilities as part of California's electric restructuring scheme.The power producers deny that their charges were more than what buyers were willing to pay at the time the transactions took place. Moreover, they say that they would like to be paid for the electricity they sold to the state's utilities, and ultimately the state itself, in those transactions.The companies involved in the case -- characterized by Davis as "the biggest snakes on the planet earth" -- are Reliant Energy Inc., The Williams Co.s, Duke Energy Corp., Calpine Corp., Mirant Corp. and Dynegy Inc. Enron Corp. is also involved, but may not have much stomach for further litigation.
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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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