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News
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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LCG, August 25, 2025--We are pleased to share that the paper “Economic Impacts of Price-Sensitive Loads in Electricity Reliability Council of Texas: Quantifying Effects of Large Flexible Loads” has been published on IEEE Xplore.
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Industry News
IEEE Published LCG's Study on How Large Flexible Loads Are Reshaping Texas
LCG, August 25, 2025--We are pleased to share that the paper “Economic Impacts of Price-Sensitive Loads in Electricity Reliability Council of Texas: Quantifying Effects of Large Flexible Loads” has been published on IEEE Xplore.
Co-authored by Sidart Deb and Sumedh Halbe of LCG Consulting, this work examines how the rapid growth of large, price-sensitive loads will reshape ERCOT’s grid economics. Understanding and quantifying these impacts is essential for ensuring a future grid that remains reliable, affordable, and sustainable.
Using LCG’s UPLAN market simulation model, the study quantifies how these loads affect key market and system metrics, including:
- Energy prices and scarcity pricing
- Congestion
- Customer payments
- Generator revenues
- Renewable energy curtailment
- Overall production costs
Special thanks to Srijib Mukherjee and Blake King, the guest editors, for their support and guidance throughout this publication.
Link to the paper: https://ieeexplore.ieee.org/document/11131367
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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