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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
NERC Asks Lawmakers to Make Rules Enforceable
LCG, June 29, 2001Officials of the North American Electric Reliability Council testified Thursday before the U.S. Senate Committee on Governmental Affairs, telling lawmakers that Congress must act to ensure the continued reliability of electricity transmission systems.NERC said it and a broad coalition of state, consumer, and industry representatives support federal legislation that would transform the current system of voluntary compliance with NERC transmission system operating policies into a set of mandatory and enforceable reliability rules.NERC is an industry group made up mostly of electric utilities. It was formed in the wake of large and highly publicized blackouts that hit New York City more than three decades ago. Among those inconvenienced at the time was Chet Huntley, whose nightly NBC News was one of the most watched television shows in the nation.When NBC studios went dark, Huntley was forced with others to walk down dozens of stories of stairs in an inky stairwell to the street. He placed his hand on the shoulder of a young staffer who had a pocketful of book matches and together they guided several NBC employees to safety.NERC said yesterday that pending legislation would allow NERC to be transformed into an independent, industry self-regulatory reliability organization with Federal Energy Regulatory Commission oversight in the United States. NERC's 10 regional councils also include parts of Canada and Mexico.NERC general counsel David N. Cook told the Senate panel that "changes taking place as the electric industry undergoes restructuring are recasting the long-established relationships that reliably provided electricity to the nation's homes and businesses."Cook assured the lawmakers that "those changes will not jeopardize the reliability of our electric transmission systems if we adapt how we deal with reliability of the bulk power system to keep pace with the rest of the changes that the electric industry is now experiencing."So pass the legislation, please.
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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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