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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
PG&E Utility Confirmation Hearing Postponed
LCG, August 7, 2002-The confirmation hearing regarding Pacific Gas & Electric Company's bankruptcy case was postponed after both the California Public Utilities Commission and the utility's parent PG&E Corporation requested a delay.Last year the California utility declared bankruptcy. In order to repay over $13 billion in debts and restore the utility's credit rating, two reorganization plans were created. The Public Utilities Commission submitted a plan calling for the utility to remain within state control and pay its debt by way of bonds, stocks, and already available money. PG&E's plan involved splitting up the utility's assets into four parts and transferring three of the parts out of the state's control as unregulated companies.Federal Bankruptcy Judge Dennis Montali ruled that creditors to the utility could submit votes as to which plan was favorable. These votes would be taken into consideration when the Judge made his decision.The votes are due August 12, but the confirmation hearing has now been delayed until November 12.Additionally, the Internal Revenue Service has determined that the utility's plan is a Section 368 tax-free reorganization.
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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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