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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 Customers' Rates to Drop
LCG, Feb. 27, 2004--The California Public Utilities Commission voted yesterday to allow rate decreases for the first time since the state's energy crisis prompted steep rate hikes.The amounts of the decreases for different customer classes were effectively determined with formulae before the vote, during talks concerning PG&E's bankruptcy reorganization plan. The effects will be felt by most customers by April, based on their electricity usage in March. The reduction for the typical residential customer will be 4 percent, while larger businesses could see 15 percent reductions. Rates charged to industrial customers were previously raised more than rates for residential users after price spikes in the wholesale market caused the state to begin buying power on behalf of the state's major utilities.Commission president Michael Peevey, as well as Commissioners Susan Kennedy and Geoffrey Brown, voted for the reduction, while Carl Wood and Loretta Lynch opposed the decision. Wood and Lynch said that had the vote been postponed, it could have resulted in greater savings for PG&E customers, and possibly larger rate reductions for residential customers.Part of the reductions being approved are possible because rates collected by PG&E last year exceeded the utility's immediate revenue requirements to provide service. Part of the excess was used to pay down debt when bankruptcy talks resulted in agreement on using the rates for that purpose.
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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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