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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AEP's Dresden Plant Begins Commercial Operations
LCG, February 3, 2012-American Electric Power (AEP) announced Wednesday that commercial operation of the Dresden power plant has commenced. The 580-MW, combined-cycle facility is fueled by natural gas and is located near Dresden, Ohio. According to AEP, natural gas now accounts for 24 percent of AEP's total generating capacity.
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SWEPCO Signs Wind Power Agreements Related to Turk Coal Plant
LCG, January 31, 2012--Southwestern Electric Power Company (SWEPCO), a unit of American Electric Power (AEP), announced last week that it executed long-term power purchase agreements (PPAs) totaling 358.65 MW of renewable power from wind projects in Texas, Oklahoma and Kansas. Combined with a 49.2-MW PPA signed by the Oklahoma Municipal Power Authority (OMPA), SWEPCO and its affiliates have now exceeded the 400-MW renewable energy commitment incorporated in the legal settlement made last month relate to the John W. Turk Jr. Power Plant.
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Markets
Current Energy Market Conditions
| NYISO |
$25.05 |
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| ERCOT |
$141.84 |
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| MISO |
$110.59 |
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| NEISO |
$26.03 |
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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 |
16234 MW
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| NEISO |
14403 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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