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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
Canadian Premier Struggling Over Deregulation
LCG, May 7, 2003--Premier Ralph Klein of Alberta, Canada acknowledged that questions on who will pay for investment in Alberta's power infrastructure, along with the possibility of more steep price increases for energy users, have caused him to consult with ministers in the government about possible policy directions.Klein has strongly voiced his support for deregulation, but said while the price of electricity seems "quite reasonable" on some bills, non-power usage charges are "very hard to explain." He said that he and local officials have experienced serious political pressure of late in opposition to increased costs through rates, which Klein capped for small customers after they were allowed to rise.Monday, the Energy Minister Murray Smith announced that the cost of installing new transmission lines from Fort McMurray to Calgary would be borne by consumers, rather than being split with energy companies. Last November, the Alberta Energy and Utilities Board had said that the costs would be split, which, according to new board members, would not lead to the required investment funds. Klein had answered questions on the subject about a year ago by saying that those "who generate and sell the electricity would be responsible for the transmission of that electricity and the construction of the lines."Klein said that despite the need to examine investment and billing issues, "As far as I'm concerned, we were thorough, we took the right steps, we're into this thing, we're so far into it, it would cause a tremendous amount of damage if we tried to unravel it all."
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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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