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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
House Members Trade Proposals Over Power Market Authority, Oversight
LCG, September 17, 2002--The Federal Energy Regulatory Commission's proposals for creating a seamless national electric power market are encountering some criticism from House lawmakers, as they draft specifics for electricity legislation.The FERC's recently issued rules proposal, standard market design, is far from being derailed, although a prior FERC stipulation that utilities join regional transmission organizations (RTO's) is seen as too stringent. Among a group of Republicans, including Rep. Billy Tauzin (R-La.), and Rep. Joe Barton (R-Tex.), suggestions have been made that utilities could be awarded incentives should they join an RTO. That suggestion was criticized by Rep. Edward Markey (D-Mass.), as "very generous with the ratepayers money."Standard market design is seen by some Southern and Western representatives as bypassing traditional state authority over market operations. Tauzin said that a vote on any changes to FERC's proposal would take place by July. Points of disagreement have also centered around a Republican proposal to repeal the Public Utilities Company Holding Act (PUHCA), a 1935 law which was to prevent utilities from acquiring undue market influence.Democrats such as Henry Waxman (D-Calif.) have stressed what they see as a need for more oversight of electricity trading and financial integrity, while downplaying modifications to FERC's transmission-related rulemaking.
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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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