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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
Illinois Drives Solar Investment with New Legislation and Grants
LCG, August 20, 2010--Illinois Governor Pat Quinn approved legislation Tuesday that will accelerate solar carve-out targets for utilities and reduce red tape for homeowners that wish to install solar energy systems at their homes.
Governor Quinn stated, "Solar energy is the wave of the future, and it is important that our public utilities and homeowners are able to more easily increase their use of solar energy....We must do everything we can to increase our use of solar energy, which will help us protect natural resources and reduce our reliance on traditional energy sources, such as foreign oil."
House Bill 6202 amends the Illinois Power Agency Act and the Public Utilities Act accelerates the date from 2015 to June 1, 2012 for Ameren and Commonwealth Edison to purchase 0.5 percent of their power specifically from solar power generation sources. The requirement increases to 1.5 percent by June 1, 2013; 3 percent by June 1, 2014; and 6 percent by June 1, 2015, and each year thereafter.
Existing laws require investor-owned utilities (IOUs) in Illinois to supply at least 7% of retail electricity from renewables by 2012, with the renewable resources to grow to 25% by 2025. The carve-out requirement for wind is 75% of the renewable resources.
In addition to House Bill 6202, Governor Quinn signed the Homeowners' Solar Energy Act, which enables individual homeowners to install solar panels on their homes without undue interference from homeowner's associations.
The governor also announced a $4 million stimulus grant to support the Rockford Photovoltaic (PV) Solar Project, which will be installed at the the new solar PV panel manufacturing facility of Wanxiang America Corporation in Rockford, Illinois. The facility also received $2 million in state support back in 2009.
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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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