EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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 Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

Illinois Instates Two Year Rate Freeze

LCG, June 11, 2002--A two-year rate freeze was signed into law after passing through both Illinois congressional houses.

On Thursday, Illinois governor George Ryan signed the bill, which is intended to protect electricity consumers from high prices in the nascent wholesale electricity market. The rate freeze, which was already in place, will continue through 2006.

Some criticism has arisen regarding utilities profiting from the freeze due to low wholesale prices. The Illinois Commerce Commission reported that Commonwealth Edison Company, a utility which serves 3.4 million Illinoisans, might reap some $2 billion from the rate freeze extension, although the ICC asserted no official stance on the legislation. ComEd spokespeople assert that the freeze will do what it is intended to, meaning benefit consumers.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation 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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service