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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
CA Supreme Court Takes Over Edison Utility Case
LCG, November 21, 2002-The Supreme Court of California took control of the Southern California Edison utility rate hike case yesterday.The Utility Reform Network (TURN) challenged a financial plan approved by the California Public Utilities Commission for utility Southern California Edison.During the later stages of the California energy crisis, utilities like Southern California Edison had financial trouble because they could not handle the high cost of wholesale power. The California PUC then made an agreement with Edison in 2001, allowing temporary rate hikes to persist for two years. Rate hikes will have provided the utility with an addition $3 billion in revenue.TURN filed suit, alleging that the settlement between the PUC and the utility was forcing utility customers to pay high prices to cover costs that rate hikes were not intended to address.The case, which was being heard by the 9th U.S. Circuit Court of Appeals, was turned over to the California Supreme Court because the PUC was found to have broken laws under deregulation.The federal court had found that state open-meeting laws were violated since the settlement between the PUC and Edison was made in private.Southern California Edison, a subsidiary of Edison International, serves 4.3 million customers in Southern California.While no date has been set for a ruling, the Supreme Court has made a five-month briefing schedule.
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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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