PRESS RELEASE
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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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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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NEWS
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Operations Begin at TVA's John Sevier Combined Cycle Plant
LCG, May 2, 2012--Commercial operations of the Tennessee Valley Authority (TVA) John Sevier Combined Cycle Plant commenced on April 30. The project was completed a month ahead of schedule and at a cost approximately $30 less than budgeted.
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PacifiCorp Weighs Options for Coal-fired Power Plants
LCG, April 27, 2012--PacifiCorp, a unit of MidAmerican Energy Holdings, announced yesterday that future federal and state environmental requirements for its coal fleet would cost over $1 billion in coming years. As a result, its fleet is expected to reduce coal consumption and increase reliance on natural gas.
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Markets
Current Energy Market Conditions
| ERCOT |
$20.26 |
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| MISO |
$25.8 |
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| NYISO |
$23.8 |
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| NEISO |
$25.56 |
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| CAISO |
$34.33 |
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| ERCOT |
42514 MW
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| MISO |
53446 MW
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| NYISO |
16787 MW
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| NEISO |
15133 MW
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| CAISO |
14481 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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