NEWS
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California PUC Authorizes the Use of Unbundled RECs to Meet RPS Requirements
LCG, March 12, 2010--The California Public Utilities Commission (CPUC) yesterday approved the use of tradable renewable energy credits purchased from renewable energy generators, including those located outside California, for use in the California Renewables Portfolio Standard (RPS) program. Without the new rule, utilities in California appeared unlikely to meet the RPS requirements this year.
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Arizona Commission Approves AZ Sun Program
LCG, March 5, 2010--The Arizona Corporation Commission (ACC) Wednesday approved the AZ Sun program proposed by Arizona Public Service (APS). APS plans to invest up to $500 million to install 100 MW of solar photovoltaic (PV) facilities in Arizona over the next four years.
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Mitsubishi Expands Production for Solar PV Market
LCG, March 3, 2010--Mitsubishi Electric Corporation announced Monday that it has completed construction of a photovoltaic (PV) cell production facility. Mitsubishi Electric expects to increase its annual PV cell/module production capacity by 50 MW to 270 MW by March 2011, and it plans to reach an annual capacity of 600 MW.
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PRESS RELEASE
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ERCOT Electricity Market 2011 - Simulation of Nodal Market
LCG, January 22, 2010 – LCG CONSULTING has released the ERCOT Nodal Market electricity prices and congestion costs projections for the year 2011.This report includes hourly forecasts of LMPs ....
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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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ERCOT Electricity Market 2010 - Simulation of Zonal and Nodal Market
LCG, December 21, 2009 – 2010 ERCOT Electricity Market report. The study simulates the operation of the current zonal and the proposed ERCOT nodal electricity market for 2010. It includes forecasts of energy and A/S prices, TCRs, LMPs, and congestion costs (CRRs) for 2010.
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Valuing Transmission Congestion Rights (TCRs) in ERCOT
LCG, December 14, 2009 - The report summarizes the results of UPLAN monthly and annual auction simulations of the current zonal and proposed nodal ERCOT electricity market for 2010. It inlcudes TCR valuation for 2010 and forecasts of energy and A/S prices.
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Markets
Current Energy Market Conditions
| NYISO |
$41.76 |
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| ERCOT |
$35.3 |
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| MISO |
$25.15 |
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| NEISO |
$53.38 |
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| CAISO |
$24.59 |
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| ERCOT |
24688 MW
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| MISO |
49929 MW
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| NYISO |
13635 MW
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| NEISO |
12309 MW
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| CAISO |
27112 MW
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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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