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News
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
Read more
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Industry News
Power Crisis Drives Service Provider from California Market
LCG, Dec. 21, 2000--New West Energy, the first energy service provider licensed to compete in California's deregulated electricity market, said yesterday it will get out of the retail electricity market in the state and turn its customers back to their local utilities."If you can't stand the heat, get out of the kitchen," President Harry S. Truman said.New West said the move is in response to recent regulatory changes and the growing financial uncertainty of California's two largest utilities, Pacific Gas & Electric Co. and Southern California Edison Co., both of which have incurred billions of dollars in excess power purchase costs."The regulatory changes, current supply shortages, price volatility and the vulnerability of the utilities have had the effect of imposing unmanageable financial risks to energy service providers, including New West Energy," said managing director Robert S. Nichols, clearly feeling the heat.Nichols said New West would become an "energy advisor." These days, everyone is an energy advisor.
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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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