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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
New Power Draws Attention of PUC for Billing Practices
LCG, Sep. 16, 2002--The New Power Co., part of an Enron subsidiary created in 1999, may be fined $3.91 million by the Public Utility Commission of Texas due to its failure to itemize charges on bills sent to power and gas customers.Bills sent to thousands of customers were said by PUC staff to contain unexplained charges for past costs incurred by New Power for transmission and distribution service. While New Power apparently experienced some delays in being billed for such services itself, rules set by the PUC do not permit charges for items more than six months old. Power costs were shown without reference to quantity used by the customer or the price for given quantities of usage. The suggestion by the Texas PUC staff to fine the company is not likely to yield any payment by the company, which was meant to serve customers in deregulated power and gas markets. New Power and its parent NewPower Holdings, Inc. have already filed for bankruptcy. Possible billing violations by New Power's Pennsylvania operations are also under investigation.
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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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