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EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook, the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting.

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ERCOT 2019 Summer Quarter Outlook

LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions.

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ABOUT LCG CONSULTING

With more than 20 years of experience, Silicon Valley-based LCG Consulting is a pioneer in modeling the competitive energy market. LCG Consulting offers a full range of consulting services for the electric and gas industries, including:

  • Asset valuation and strategic planning
  • Simulation of electricity and gas markets
  • Electricity price forecasting and volatility analysis
  • Development of bidding strategies and portfolio optimization
  • Transmission, generation and new entrant analysis
  • Simulation of ISO/PX operations
  • Merger and market power studies
  • Emissions modeling and trade analysis

LCG also offers a full range of software products for energy producers, suppliers and traders seeking to optimize resources in a competitive energy market.

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Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service