EnergyOnline

PRESS RELEASE

LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)

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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Winter Storm Event Decimates Texas Power Supply

******** 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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2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO

LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).

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COVID-19: Analysis of Resource Adequacy in ERCOT - July - December 2020

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

PGE Targets Zero Emissions by 2040

LCG, October 20, 2021--Portland General Electric (PGE) announced plans to increase the amount of clean energy it serves to customers and meet its target to reduce greenhouse gas (GHG) emissions from power served to customers by at least 80 percent by 2030, 90 percent by 2035 and zero emissions by 2040.

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Georgia Power Battery Energy Storage System Approved by PSC

LCG, October 12, 2021--Georgia Power announced that it has received approval from the Georgia Public Service Commission (PSC) to build, own, and operate a new battery energy storage system (BESS).

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OUC Acquires Osceola Natural Gas Power Plant

LCG, September 30, 2021--OUC (Orlando Utilities Commission) announced yesterday that it completed on Tuesday its purchase of the Osceola Generating Station, a 510-MW, natural gas-fired power plant located near Harmony in Osceola County, Florida. OUC announced plans to purchase the 20-year old, inactive facility last month.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $31.6
MISO $48.76
NYISO $39.54
NEISO $41.88
CAISO $23.1
PJM $23
Load (Actuals)
ERCOT 37208 MW
MISO 64985 MW
NYISO 16866 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

Texas Solar Project Sold to CIP

NorthRenew Energy achieved financial close for TG East Wind Project

ERCOT reviewed Frio County Transmission Project



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The Locational Marginal Price Model (LMP) Network Power Model
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Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
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MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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