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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
Hawaii Poised to Become First State with 100 Percent Renewables Goal by 2045
LCG, May 12, 2015-The State of Hawaii is poised to become the first state in the country to pass legislation to set achieve a one hundred percent renewable energy portfolio standard by 2045. The legislation, House Bill 623, passed last week and now awaits the governor's signature.
House Bill 623 will increase the goal to 30 percent renewable by the end of 2020, 70 percent by the end of 2040 and 100 percent by the end of 2045. The current renewable portfolio standards call for 25 percent by the end of 2020 and 40 percent clean energy by the end of 2030.
"As the first state to move toward 100 percent renewable energy, Hawaii is proving to the rest of the country that renewable energy can be cheaper, cleaner and can help consumers to cut their electric bills down to near-zero," said the state representative that introduced the bill. "These big steps forward will accelerate the savings consumers are seeing around the state and will speed the growth of jobs in our local renewable energy industry."
The state representative claimed that local renewable projects are already cheaper than liquefied natural gas (LNG) and oil, and that Hawaii's past accomplishments in adding renewable energy has saved residents hundreds of millions on their electric bills.
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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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