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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 Capsule: State Senate to Subpoena Power Firms
LCG, June 5, 2001The California state Senate Rules Committee decided yesterday to authorize a special Senate panel to issue subpoenas to eight independent power producers demanding that they produce records of pricing, bidding and other electricity sales activities.The subpoenas will be issued to AES Corp., Dynegy Energy Services Inc., Duke Energy Corp., Enron Corp., Mirant Corp., NRG Energy Inc., Reliant Energy Inc. and Williams Energy Marketing.A ninth subpoena could be issued to the Los Angeles Department of Water and power if it does not voluntarily provide the data sought by the lawmakers. The panel also threatened to subpoena records of the California Department of Water Resources if it does not provide details on how it has spent more than $7 billion on power.A special Senate committee headed by Sen. Joe Dunn, a Santa Ana Democrat, is investigating whether the power producers illegally profited from California's energy crisis. Dunn said he expects the companies to resist providing the information, which could set the stage for a court fight.Senate President Pro Tem John Burton of San Francisco, who is chairman of the Rules Committee, opposed issuing subpoenas to the LADWP and the water agency. Consequently, they will be given a week to voluntarily provide the data sought.Regulators may Decide Qualifying Facilities PaymentsThe California Public Utilities Commission is set to vote Friday that Pacific Gas & Electric Co. and Southern California Edison Co. have to pay so-called "qualifying facilities" 15 percent of the money owed them.Under a previous CPUC order, the utilities have been paying the QFs for power purchased since April, but they still owe hundreds of millions for power purchased before then. Many of the generators have shut down because they cannot operate without the payments.But, as much as the QFs want to be paid, they are not sure they want to fall under CPUC regulation. Like the larger independent power producers, they are now subject to federal regulation.U.S. Rep Doug Ose's Bill Would Extend FERC Rate CapsA Bill by U.S. Rep. Doug Ose, a Sacramento Republican, would expand on the FERC "price mitigation" order that requires during a declared power emergency that the wholesale price on the spot market be pegged to the highest-cost, least-efficient plant selling power at that time.Ose's measure would make the formula apply at all times, not just during power emergencies, and would extend its coverage to the entire 13-state Western region."It's not a cap," Ose said. "It is market driven. It rewards those who are most efficient, and it rewards those who are most environmentally sensitive and responsible."The House Energy and Commerce Committee may use Ose's bill this week to provide impetus to a package of emergency power palliatives, including $200 million to upgrade the notorious Path 15 transmission bottleneck in the Central Valley.Democrats don't like Ose's measure. "By allowing the least efficient generator to set the price, this proposal creates a system that will encourage market manipulation, raising prices even further," the California Democrat delegation said as one.
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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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