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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
CPUC PG&E Plan Approved
LCG, May 16, 2002-Federal Judge Dennis Montali approved the California Public Utilities Commission's plan regarding PG&E's bankruptcy. PG&E utility filed for bankruptcy in April of last year, and Judge Montali ruled earlier this year that creditors would vote on which plan should be undertaken to bring PG&E from insolvency. The Commission and PG&E respectively constructed the two plans in question. Objections were raised on previously filed Commission plans, but Montali finally approved the edited plan Wednesday after the Commission guaranteed it will not retroactively change details in its plan. A preliminary hearing on the plans is scheduled for August 1, and balloting will be completed August 12. The plan includes keeping retail electricity prices for customers at the current rate and leaving PG&E answerable to Californian regulations. Creditors would be paid completely in order to restore PG&E's investment grade credit rating. Conversely, PG&E's plan splits the utility into four units, three of which would be sold outside of the state's authority. PG&E opposes the Commission's plan and has called it "unlawful."Some 13 million customers are served by PG&E 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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