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PRESS RELEASE
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LCG, August 13, 2019--The U.S. Energy Information Administration announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook, the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting.
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LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions.
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LCG, January 8, 2019 --Texas continues to see growth in renewable energy resources. In 2018, ERCOT endorsed major transmission projects to serve load growth while relieving congestion in the Far West region.
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May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to study variable renewable energy (VRE) scenarios to offer a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.
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NEWS
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LCG, December 27, 2019--The Nuclear Regulatory Commission (NRC) announced on December 17 that the Commission has authorized the issuance of an Early Site Permit (ESP) for Tennessee Valley Authority's (TVA's) Clinch River site near Oak Ridge, Tennessee. The ESP closes several site-related issues, including many environmental impacts, for small modular reactors (SMRs) at the site. The ESP is the first issued by the NRC for SMRs and will be valid for up to 20 years from date of issuance.
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LCG, December 11, 2019--The Nuclear Regulatory Commission (NRC) staff recently approved Florida Power & Light's (FPL's) application for an additional 20 years of operation for Turkey Point Nuclear Generating Units 3 and 4. This is the first time the NRC has issued renewed licenses authorizing reactor operation from 60 to 80 years. The subsequent (or second) license renewals (SLRs) for Turkey Point Unit 3 and Unit 4 now expire on July 19, 2052 and April 10, 2053, respectively.
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Energy Market Forecasts and Actuals
| ERCOT |
$11.52 |
| MISO |
$18.46 |
| NYISO |
$19.49 |
| NEISO |
$26.99 |
| CAISO |
$23.1 |
| PJM |
$25 |
| ERCOT |
36504 MW
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| MISO |
76725 MW
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| NYISO |
21735 MW
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| NEISO |
12946 MW
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| CAISO |
26524 MW
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About EnergyOnline
EnergyOnline® is a Registered Trademark of LCG Consulting.
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EnergyOnline.com is a web service of LCG Consulting.
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energy industry worldwide.
Keep ahead of the market with the latest software products
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Attend our workshops to stay abreast of the industry's
restructuring process.
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Generator X
Generation and Transmission Planning and Optimization
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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