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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
FERC Judge Says Investigation Shows No Manipulation by Avista
LCG, July 28, 2003--After the release on June 25th of documents relating to a Federal Energy Regulatory Commission investigation of Avista Corp.'s trading practices, the agency's Chief Administrative Law Judge, Curtis Wagner Jr., said that he is satisfied that the Commission can make a ruling based on the record, reversing an order he made on the day of the release.At issue are trades that took place between Avista, Enron and Portland General Electric, the Enron subsidiary. FERC staff investigated over a period of months, and in January, notified Wagner that it believed Avista should be cleared of having intentionally manipulated energy markets during the Western energy crisis. In March, however, FERC staff other than those making the first determination that Avista could not be cleared when manipulation was found among numerous companies, which were ordered to justify their trading practices. Avista was said to have caused congestion on transmission lines, sold energy it could not furnish, and profited by relieving transmission congestion.Wagner requested documentation on particular issues, which were provided. The board of FERC will next meet on Sept. 10, and may make a decision based on Wagner's findings that no manipulation by Avista occurred. Avista's CEO and president, Gary Ely, issued a statement that Wagner's finding was "a major step forward in successfully resolving this issue."
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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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