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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 Spells Out Rules for For-Profit Grid Companies
LCG, Apr. 25, 2002--The Federal Energy Regulatory Commission yesterday issued further details on the abilities and obligations of for-profit independent transmission companies, or ITC's, with specific directions for the Alliance, a group of utilities that had hoped to form a for-profit regional transmission organization (RTO).In the fall of 2001, the FERC had denied the Alliance companies, located in the Midwest, their objective of qualifying for RTO status. The FERC upheld that decision, intended to prevent grid management from granting transmission access favoring the utilities' own transactions, as occurred during the pre-1996 era of vertical integration.The Alliance, which includes American Electric Power Co. (AEP), Exelon Corp., Commonwealth Edison Co., FirstEnergy Corp., Ameren, DPL Inc., Dynegy's Illinois Power Co., and Dominion Resources, was given 30 days in which to commit to joining either the Pennsylvania-Jersey-Maryland Interconnection (PJM) or the Midwest Independent System Operator (MISO). There have been initial agreements between the PJM and MISO, both of which have filed RTO compliance reports on their own, on forming a unified market.In a separate order, the nascent independent transmission company TRANSLink Transmission Co. LLP, started by Alliant Energy, Xcel Energy and Berkshire Hathaway, as well as public utilities Nebraska Public Power District, Omaha Public Power District and Corn Belt Power Cooperative, was told to post available transmission capacity on the MISO's website, rather than its own. The order would promote "one-stop shopping," according to FERC Chairman Pat Wood III.Democrat william Massey, who supports nonprofit RTO's over for-profit RTO's said that ITC's, if allowed by FERC, can "properly harness the profit incentive" to realize a non-discriminatory, efficient transmission grid. Commissioner Linda Key Breathitt expressed concern that ITC's might be stifled by the FERC's support for non-profit RTO's.
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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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