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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
Bankruptcy Court Will Hear PG&E Utility Case Nov 18
LCG, September 26, 2002-The bankruptcy court in charge of California utility Pacific Gas & Electric utility's case will begin confirmation hearings November 18.The utility, a unit of PG&E Corporation, announced bankruptcy last year when price discrepancies between wholesale and retail electricity brought the utility into financial instability.The California Public Utilities Commission and the utility came up with separate recovery plans for the utility, and creditors to the utility voted on which of the two plans they would support. The PUC's plan involved keeping the utility's assets under California law, whereas the utility's plan involved splitting up assets into several companies, all but one of which would fall outside of the state's control.The outcome of creditors' voting favored the utility's plan, but because the vote was not 100 percent in favor, the bankruptcy court will hear both plans.In court today, the PUC requested that the court postpone its confirmation hearing because of a Ninth Circuit Court of Appeals decision regarding an agreement between the PUC and another California utility, Southern California Edison. The Ninth Circuit found that the SCE and PUC settlement was unlawful; their agreement allowed billions of dollars to be recovered from ratepayers by overcollections. The Ninth Circuit's decision threw the legality of certain aspects of the PUC's plan for Pacific Gas & Electric into question.Pacific Gas & Electric serves 24 million customers in Northern California.
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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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