PRESS RELEASE
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2012 ERCOT Electricity Market Outlook - Simulation and Forecast
LCG, January 17, 2012 – LCG Consulting of Los Altos, California has released a new ERCOT electricity market outlook for 2012. This report incorporates the latest developments implemented under the ERCOT nodal protocol and summarizes forecasts for LMPs, Ancillary Service prices, hub prices, and load zone prices.
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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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Wind Integration - DOE Project Promotes Collaborative Planning for Balancing Wind Variability across Regions
LCG, August 6, 2010 – EPRI and LCG team is among several selected by DOE to explore innovative solutions for utility wind energy integration. The EPRI-LCG project focuses on integrating SPP wind energy into SERC electricity markets.
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Energy Storage - New Study Explores the Efficacy of Storage in Integrating Wind in Regional Electric Systems
LCG, August 2, 2010 – EPRI and LCG Consulting jointly conduct an economic study to find out how energy storage can help integrate wind turbines to the electric systems in ERCOT, NYISO, PJM, MISO and California.
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ERCOT Nodal Market – Updated 2011 ERCOT Electricity Market Report
LCG, July 12, 2010 -- LCG Consulting will release by the end of August 2010 their 3rd quarter 2011 report on the Texas electricity market showing the potential impacts of operating in the proposed nodal market structure.
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ERCOT Electricity Market 2014 - Simulation of the Competitive Renewable Energy Zones (CREZ)
LCG, January 22, 2010 – 2014 ERCOT Electricity Market CREZ simulations. The report forecasts the impact of CREZ wind and transmission expansion on nodal prices and congestion costs.
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NEWS
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TVA Adds to Its Wind Farm Portfolio
LCG, January 25, 2012--The Tennessee Valley Authority (TVA) announced last Friday that it agreed to purchase power from four wind farms in Kansas, Illinois and Iowa that have a combined capacity of 535 MW. Today, TVA has activated a wind energy portfolio totaling 950 MW, including five operating wind farms in the Midwest with a combined 542 wind turbines.
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Solar CPV Project Gains Momentum in Arizona
LCG, January 18, 2012--Salt River Project (SRP), Arizona State University (ASU) and SunPower Corp. recently announced agreements to construct a 1-MW solar concentrated photovoltaic (CPV) power plant at ASU's Polytechnic campus in Mesa, Arizona. The solar facility will be the first commercial deployment of the SunPower® C7 Tracker technology that uses parabolic mirrors to focus the sun's energy on the solar PV cells.
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Markets
Current Energy Market Conditions
| NYISO |
$24.34 |
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| ERCOT |
$141.84 |
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| MISO |
$110.59 |
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| NEISO |
$24.73 |
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| CAISO |
$24.59 |
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| ERCOT |
34664 MW
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| MISO |
83908 MW
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| NYISO |
15118 MW
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| NEISO |
12248 MW
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| CAISO |
27112 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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