EnergyOnline

PRESS RELEASE

LCG Consulting releases 2016 Outlook of ERCOT Region

LCG, December 1, 2015-Next year promises some uncertainty for the Texas electricity market, with renewables development in full swing. In light of this evolving landscape, LCG Consulting has completed a comprehensive ERCOT study for 2016.

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California Electricity Market 10-Year Forecast

LCG, October 19, 2015-LCG Consulting of Los Altos, California has announced the release of its latest ten-year forecast of the CAISO electricity market (2016-2025). Results suggest that the mandated, large-scale deployment of renewables will impact the state’s electricity market. The study includes hourly price forecasts at Default Load Aggregation Points (DLAP) and Trading Hubs. Results also include monthly summaries of constraints that experience the highest congestion and generation by fuel type.

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The Energy Information Administration (EIA) adopts UPLAN for potential integration with its Short Term Energy Outlook

LCG, October 8, 2014 – The office of Energy Information Administration (EIA) of the US Department of Energy has acquired UPLAN Network Power Model for specialized electric modeling. EIA has also acquired the accompanying Plants, Loads, Assets, Transmission and Operations (PLATO) data models for the entire US electric system.

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NEWS

ISO-NE Capacity Auction Includes New Resources to Provide Grid Reliability in 2019-2020

LCG, February 12, 2016--ISO New England (ISO-NE) yesterday announced results from its annual capacity auction that show sufficient resources to meet electric demand in 2019-2020 at a lower price, and including over 1,400 MW of new electric generating capacity. The new capacity is needed to compensate for recently retired and retiring generators that total over 4,200 MW by 2019. The retirements include the non-carbon emitting, 680-MW Pilgrim Nuclear Power Station. ISO-NE uses the auction to procure future resources to meet forecast demand three years in the future.

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U.S. Supreme Court Halts the EPA's Clean Power Plan

LCG, February 10, 2016--The U.S. Supreme Court, in a 5-4 vote, put a hold on the Environmental Protection Agency's Clean Power Plan (CPP), a regulation designed to reduce carbon dioxide emissions from power plants by 32 percent by 2030. Those opposed to the CPP say the agency is acting beyond its authority and interfering with states? rights.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
ERCOT 02/12/16 - 02/17/16
CAISO Mar 2016
Energy Price (Actuals)
ERCOT $14.46
MISO $21.71
NYISO $40.61
NEISO $38.95
CAISO $23.1
PJM $29
Load (Actuals)
ERCOT 35429 MW
MISO 84747 MW
NYISO 21329 MW
NEISO 18007 MW
CAISO 26524 MW


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