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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
CA Electricity Contracts May See Formal Hearing
LCG, August 28, 2002-Officials responsible for electricity purchases on behalf of Californian consumers and many of the companies selling wholesale power have not yet reached an agreement over contracts signed last year.Eight companies, including El Paso Corp., Dynegy Inc., and Sempra Energy, started new talks with the Federal Energy Regulatory Commission today in order to reach settlements over contracts originally signed during the California power crisis.California claims that the power contracts in question are unreasonably expensive because they were written during a time when wholesale electricity prices were unusually high and the state was desperate to buy power. Californian officials have also made demands that refunds be given for what it calls unfairly high prices paid for electricity in 2000 and 2001.If no further progress is made on the contracts by tomorrow, FERC Chief Judge Curtis Wagner will begin a formal hearing on Friday.However, GWF Energy LLC managed to settle claims with California this week, resulting in $215 million in savings for California on a 10 year contract. The company is also constructing a 164 MW plant in Tracy.Earlier this year Calpine Corp. and Constellation Energy Group came to agreements with California, decreasing contracts by $3.5 billion, or 23 percent.
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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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