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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
California Power Producers Didn't Hold Back, FERC Says
LCG, Feb. 5, 2001Charges that California's independent power producers deliberately shut down plants with the objective of driving up the price of electricity are unfounded, according to a report released Friday by the Federal Energy Regulatory Commission."FERC staff did not discover any evidence suggesting the audited companies were schedulingmaintenance or incurring outages in an effort to influence prices," the report said."Rather the companies appeared to have taken whatever steps necessary to bring the generating facilities back on-line as soon as possible by accelerating maintenance and incurring additional expenses," the study continued. "Also, the outages did not correlate to the movement of prices on any given day."An investigation had been demanded by California regulators seeking a reason for the power shortages which have gripped the state since last spring.FERC said its investigators found that many plants were shut down as a result of their owners keeping them running earlier in the year when the state's transmission operator first began to feel the impact of power shortages.Jan Smutny-Jones, executive director of the power producers' trade group, said Friday "Hopefully, today's FERC report will quiet those who have tried to blame the producers for the crisis, when in fact we have been and continue to be an important part of the solution to California'senergy woes."
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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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