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PRESS RELEASE
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LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook.
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******** February 19, 2021 update--The Electric Reliability Council of Texas (ERCOT) expects to come out of emergency conditions later this morning, the wholesale electricity prices is back to pre emergency level. ******** LCG, February 18, 2021-–Extreme winter weather swept across the central and southern states over the week beginning Feb 8, bringing record low temperatures and heavy snow.
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LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).
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LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.
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NEWS
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LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.
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LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.
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LCG March 1, 2021--February’s winter weather has brought a new level of uncertainty to the Texas grid, on top of rapid renewables growth and hot summer weather. Not only did the blackouts solidify the need to plan for extreme weather in winter and summer, but they also brought Texas residents, the governor, and the legislature into a public conversation about demand-supply planning.
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Energy Market Prices and Loads
| ERCOT |
$3.99 |
| MISO |
$20.5 |
| NYISO |
$26.15 |
| NEISO |
$19.74 |
| CAISO |
$23.1 |
| PJM |
$25 |
| ERCOT |
32147 MW
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| MISO |
58044 MW
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| NYISO |
16915 MW
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| NEISO |
9933 MW
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| CAISO |
26524 MW
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LCG NEWS
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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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Generator X
Generation and Transmission Planning and 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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