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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, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.
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LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.
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Energy Market Forecasts and Actuals
| ERCOT |
$26.31 |
| MISO |
$21.8 |
| NYISO |
$17.87 |
| NEISO |
$9.69 |
| CAISO |
$23.1 |
| PJM |
$25 |
| ERCOT |
37442 MW
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| MISO |
72748 MW
|
| NYISO |
14231 MW
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| NEISO |
12264 MW
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| CAISO |
26524 MW
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About EnergyOnline
EnergyOnline® is a Registered Trademark of LCG Consulting.
Registration No. 2,566,432 U.S. Patent and Trademark Office.
EnergyOnline.com is a web service of LCG Consulting.
LCG has successfully modeled the highly complex electricity and gas industries, allowing informed prediction the prices,
asset valuations, and volatility under free market conditions.
LCG provides news, products, consulting services,
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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.
Interested in working for LCG? Check our jobs page.
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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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