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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
California PUC to Consider Power Rate Reduction
LCG, May 13, 2003--Modified "revenue requirements" at the California Department of Water Resources (DWR), requirements stemming from past power purchases, could mean that the California Public Utilities Commission will decide to put in effect a rate reduction for power customers of the three largest California utilities.The DWR would continue to receive payments from the utilities - Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric - in order to repay the agency for purchases which ended at the end of 2002. Gov. Gray Davis was to announce the possible rate cut this afternoon, and will press the PUC to implement a rate cut as soon as possible.The commissioner Carl Wood said that the reduction is "doable by the end of the year if it's justified. A reduction would be very welcome."Mindy Spatt, spokeswoman for The Utility Reform Network, said "We will take any reduction we can get because consumers are paying very inflated rates." Rate cuts for each of the three utilities' customers are under consideration. A rate increase of up to 40 percent in some cases was put in place in 2001, following rapid deterioration in the financial health of the utilities as power prices spiked in 2000 and 2001.
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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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