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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
Northwest States Ask FERC to Order Power Refunds
LCG, Aug. 21, 2001--The states of Washington and Oregon were joined by Nevada yesterday in asking a Federal Energy Regulatory Commission administrative law judge to order refunds of more than $1 billion they say they were overcharged when they purchased wholesale power to compensate for that diverted to California earlier this year.California also got into the act, looking for a $1.5 billion chunk of the $8.9 billion the state says it has been overcharged for power over an as yet undefined time span.Yesterday's court session before FERC Judge Carmen Cintron was the first round of a case brought by Puget Sound energy Inc and a number of Pacific Northwest municipal utilities, including Seattle City Light Co.The hearings are supposedly unrelated to those held in July before FERC Judge Curtis Wagner, which sought unsuccessfully to sort out California's $8.9 billion claim. In that case, Wagner said California was possibly owed a maximum of $1 billion and was unlikely to see any cash at all because the power producers were still owed more than that amount.The five-member FERC could rule on Wagner's recommendations in October.In the case brought yesterday, which named Powerex, the power marketing arm of Canadian provincially owned utility BC Hydro, Enron Corp., Idaho Power Co. parent holding company Idacorp Inc. and Pinnacle West Capital Corp. unit Arizona Public Service Co., among others, the states argued that refunds to the Northwest states and Nevada are within the scope of FERC's overall review.Lawrence Acker, a lawyer representing the so-called "Transaction Finality Group" which consists of the power producers, said Judge Cintron should "defer individual claims and determine to what extentrefunds are due," for the Pacific Northwest.Acker said sales made to the Pacific Northwest were final and refunds should not be considered unless abuse of market power can be shown.
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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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