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News
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Press Release
COVID-19 Simulation Results for ERCOT 2020 - a Comparison to Business as Usual Case
LCG, April 23, 2020 -- The COVID-19 pandemic is having a profound impact on daily life and the economy, from affecting which businesses are allowed to operate, to influencing international oil prices. States and major cities in the US are instituting quarantines, along with shelter-in-place directives, to contain the spread of COVID-19. Power markets will likely deviate from their business-as-usual scenario as a result of decline in power demand and fuel prices.
Both the business as usual (bau) and the COVID-case were simulated using UPLAN Net-Work Power model, and the main results are published in this report .The readers can download the the report directly.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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