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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
Texas Employs New Disclosure Measures
LCG, May 28, 2002-The Texas Public Utilities Commission has decided to require more public disclosure in electricity trading and is holding discussions with energy companies. The PUC is negotiating with energy traders, including American Electric Power, Mirant, Reliant Energy, Constellation Energy Group, and TXU, to recover $29 million that the PUC asserts was lost due to the manipulation of delivery schedules. A memo released Friday discusses the exploitive power schedules of two days last summer that may have resulted in the possible loss of the $29 million in question.If no resolution is reached, the PUC may investigate market violations and employ sanctions. The PUC staff has already been ordered to seek sanctions against Enron, which has not taken part in the talks and continues to withhold information. Enron insists generation information about the two days and details about scheduled energy and energy requirements is confidential, but the PUC believes this information should be released and posted on the Internet. Companies trading within the domain of the Electric Reliability Council of Texas must give the PUC an affidavit asserting that company regulations are in place preventing gaming and market manipulation.
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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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