PRESS RELEASE
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LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Hourly simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
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LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Hourly simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
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ERCOT System Adequacy Study
LCG, September 20, 2012 - LCG Consulting (LCG) of Los Altos, California offers to evaluate the impact of the policy options proposed in the recent ERCOT system adequacy study. LCG proposes to perform full network simulations of the ERCOT electric grid under a number of scenarios such as various levels of offer cap, a new capacity market or other market changes of interest to forecast the trend of electricity prices and its impact on costs and revenues of the generation portfolio or load obligation.
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DOE Award on Dynamic Simulation Tools and Measurement-Based Control
LCG, Sept. 20, 2012 - LCG Consulting (LCG) of Los Altos, California, is a part of the consortium organized by Michigan State University, which is recently awarded a $1.5 million grant by the Office of Electricity Delivery and Energy Reliability under DOE Advanced Modeling Grid Research Program.
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2015 ERCOT Electricity Market Outlook
LCG, March 23, 2012 – LCG Consulting has released its findings concerning future grid operations and market conditions in ERCOT in a new report, 2015 ERCOT Electricity Market Outlook, which summarizes hourly simulations for the entire year. The 2015 Outlook report will be of interest to market participants needing in-depth insight into key metrics such as load zone and hub prices, ancillary service (A/S) prices, hub prices, transmission lines experiencing significant congestion, and the value of congestion revenue rights (CRRs).
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Hydro Pumped Storage - DOE Award to Support Development of Advanced Water Power Technologies
LCG, August 9, 2010 -- LCG Consulting, as a member of the consortium headed by EPRI, participates in a $1.5 million multi-year DOE project to develop new methods to maximize the benefits of hydropower technologies
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NEWS
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AEP Announces Plans for Fuel Switching from Coal to Gas at Big Sandy Plant
LCG, December 11, 2013--Kentucky Power, a subsidiary of American Electric Power (AEP), plans to convert the 278-MW Unit 1 at the Big Sandy Power Plant from a coal-fired unit to a natural gas-fired unit. The need to switch fuels is driven by compliance with the Environmental Protection Agency's regulations that go into effect in 2015.
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Ontario Issues New Long-Term Energy Plan
LCG, December 5, 2013--The Ontario Ministry of Energy released earlier this week its Long-Term Energy Plan (LTEP) for Ontarians. The announcement states that the LTEP balances five principles to guide future decisions: cost-effectiveness, reliability, clean energy, community engagement, and an emphasis on conservation and demand management before building new generation.
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Markets
Current Energy Market Conditions
| ERCOT |
$44.27 |
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| MISO |
$33.99 |
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| NYISO |
$63.99 |
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| NEISO |
$239.53 |
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| CAISO |
$38.66 |
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| PJM |
$55 |
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| ERCOT |
40280 MW
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| MISO |
59783 MW
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| NYISO |
17325 MW
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| NEISO |
15508 MW
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| CAISO |
30433 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, and forecasting tools to the energy industry worldwide. Keep ahead of the market with the latest software products and databases for utility analysis and forecasting. 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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