What is Gen-X?
- Long-term generation expansion model
- Generation expansion planning using Mixed Integer Programming (MIP)
- Solving multiple-year challenge in one shot with user specified granularity
- Optimal size, timing and location of new entrants for both thermal and renewable generation
- Simultaneous cost minimization and profit maximization
- Support LOLP/reserve margin target
- Maximize hydro utilization
- Adhere transfer limits between areas
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Allow multiple fuel limits
- Multiple generators share multiple fuel contracts
- Optional zonal system with flexibility to model full network if needed
- Minimize NPV of costs including capital investment and operating costs
PRESS RELEASE
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LCG Develops Prototype for Real-Time Remedial Action Screening
LCG, May 15, 2014-LCG Consulting of Los Altos, California has completed the development of a prototype that incorporates the basic functionality necessary to prove the effectiveness of the composite Lyapunov function-based transient stability analysis method. LCG has been working on a visual interface that will enable the operator to constantly monitor and analyze the status of the electrical network. With this interface, the operator can conveniently view data on a geographical map. The viewable data include phase angle, frequency, voltage at key substations along with power flows, overloads and other critical information on transmission paths and flowgates.
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Congestion on the Horizon for the SPP Integrated Marketplace
LCG Consulting (LCG) of Los Altos, California has performed an electricity market assessment and forecast of SPP. Congestion is imminent.
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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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NEWS
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FERC Approves Construction of Export Facilities for Freeport LNG Terminal
LCG, July 31, 2014-The Federal Energy Regulatory Commission (FERC) yesterday announced that it has authorized Freeport LNG Development, L.P. (Freeport LNG) to site, construct, and operate facilities to liquefy and export domestic natural gas from its existing liquefied natural gas (LNG) import terminal located near the city of Freeport, Brazoria County, Texas.
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EPA Approves Plan to Retire Coal-fired Unit in Arizona
LCG, July 30, 2014-The Environmental Protection Agency (EPA) approved on Monday a plan to retire a coal-fired unit at the Navajo Generating Station in 2019. The 750-MW unit is one of three units at the 2,250-MW electric generating station. The station is located on the Navajo Indian Reservation near Page, Arizona, approximately 20 miles from the Grand Canyon.
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Markets
Current Energy Market Conditions
| ERCOT |
$32.67 |
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| MISO |
$49.46 |
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| NYISO |
$33.5 |
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| NEISO |
$23.07 |
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| CAISO |
$42.53 |
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| PJM |
$36 |
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| ERCOT |
50451 MW
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| MISO |
91112 MW
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| NYISO |
21656 MW
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| NEISO |
17586 MW
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| CAISO |
43576 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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