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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
GM Targets 100 Percent Renewable Energy by 2050
LCG, September 20, 2016--General Motors (GM) announced plans last week to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy by 2050. GM's new renewable energy commitment advances GM's previous goal to promote the use of 125 MW of renewable capacity by 2020.
GM's Chairman and CEO stated, "Establishing a 100 percent renewable energy goal helps us better serve society by reducing environmental impact. This pursuit of renewable energy benefits our customers and communities through cleaner air while strengthening our business through lower and more stable energy costs."
The global goal represents about 350 facilities where GM pays utility bills, which includes both manufacturing and non-manufacturing buildings leased or owned by GM. In 2015, GM required 9,000 gigawatt hours of electricity to build its vehicles and power its offices, technical centers and warehouses around the world.
From a renewable supply perspective, GM has a capacity of 106 MW of renewable energy globally, including 22 facilities with solar arrays, three sites using landfill gas, and four that will benefit from wind power by the end of this year. Furthermore, GM is in the process of adding 30 MW of solar arrays at two facilities in China. Given the capacity of today's renewable resource portfolio, GM will need an aggressive expansion of its renewable resources, along with load management, energy efficiency and energy storage to complement intermittent renewable resources, in order to meet the 100 percent target in 2050.
GM plans to leverage its electric vehicle battery expertise to meet this renewable energy goal. GM is currently using Chevrolet Volt batteries for energy storage at its Milford Proving Ground data center office.
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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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