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PRESS RELEASE
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LCG, March 21, 2018 --Texas continues to experience an unprecedented transformation in its energy industry. The state saw record wind energy production in 2017 and will continue to see wind growth through 2018. Large transmission projects and upgrades have taken place. New import and export capabilities are on the horizon, such as through the integration of Lubbock Power & Light and the possible Southern Cross transmission project.
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LCG, July 13, 2017-- Earlier this year LCG Consulting published two quarterly reports, January – March, 2017 and March – May 2017, looking at how the ERCOT grid can cope with strained network conditions. LCG just released a new report that covers the analysis for the 2017 summer season (June through September). Extreme loading is a key factor in considering resource adequacy for the region during summer season.
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LCG, February 27, 2017--LCG Consulting has published two reports using its premiere grid modeling software, UPLAN, to model ERCOT in 2017 with 5-minute dispatch.
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NEWS
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LCG, April 26, 2018--FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp., yesterday announced that it has filed a Certification Letter with the Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants over the next three years, citing "severe economic challenges." When the closures are combined, the reduction will total 4,048 MW of carbon-free, electric generating capacity. In 2017, the nuclear units contributed approximately 65 percent of the electricity produced by the FES generating fleet.
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LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.
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Energy Market Forecasts and Actuals
| ERCOT |
$19.46 |
| MISO |
$25.75 |
| NYISO |
$19.43 |
| NEISO |
$10.41 |
| CAISO |
$23.1 |
| PJM |
$22 |
| ERCOT |
40523 MW
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| MISO |
70771 MW
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| NYISO |
16946 MW
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| NEISO |
13305 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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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
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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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
Monthly summary of prices, congestion and important events in ERCOT
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