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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 Releases Market Plan
LCG, August 5, 2002-The Federal Energy Regulatory Commission released its far-reaching, nationally uniform plan to reorganize the wholesale electricity market.FERC's 600-page document, detailing its Standard Market Design, will await public comment for 75 days.The plan instates more rules governing the U.S. deregulated electricity industry. It is centered on the implementation of homogeneous rules applied to the whole country and seeks to apply successful deregulated market practices found in world markets into its own regulations.While the plan refers to effective deregulation in Mid-Atlantic states and New York, some regulators in Western States feel that deregulation failed in their areas and that increased federal control of the market will only amount to further woe.New rules include charging purchasers for creating congestion in transmission, a cost previously absorbed by utility customers.The plan also attacks congestion by providing for better allocation of transmission resources, such as location of lines, plants, and substations.Court decisions made this year have verified FERC's authority in taking more control of the market. Other government agencies found FERC to be ineffective in its market control.
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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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