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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
Power Project Developers Cutting Back, WSJ Says
LCG, Jan. 4, 2002--Sliding wholesale electricity prices are causing developers of power plants to rethink their plans and many are cutting back on projects already under development, the Wall Street Journal reported this morning.Another factor in the cutback is the recent harsh treatment of corporate debt levels by credit rating agencies and the effect credit downgrades has had on the market capitalization of some power producers.According to the Wall Street, a research group found that about 18 percent of announced projects will not be completed. Energy Insight, a Colorado-based unit of McGraw-Hill Cos., said that 91,139 megawatts of new generation, out of a total announced 503,780 megawatts, had been scrapped or delayed by the end of last year.According to the paper, Energy Insight's conclusions are based on company releases and may understate marketplace conditions.Mirant Corp., Dynegy Inc. and El Paso Corp. have all said they would trim their power project plans for 2002 and Calpine Corp. will make a similar announcement later this month, the Wall Street said.More optimistic voices have said the decline in wholesale power prices is at least partially due to a sluggish national economy and delaying power projects now will only result in another power shortage in a few years.
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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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