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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
Utilities Act to Face Scrutiny in US Senate
LCG, July 30, 2003The 1935 Public Utility Holding Company Act, which limits investment of utility profits, will face possible repeal this week as part of a larger energy bill. The PUHCA bill prevents companies that own utilities from using regulated utility profits to fund other, unregulated businesses. The bill was passed by Congress to fend off pyramid-type business practices common during the 1920s and 30s. At that time, huge utility holding companies manipulated electric rates and were not liable for the debts of their utilities. Some scholars believe this practice had a significant hand in the stock market plunge before the Great Depression. Many industry experts see PUHCA as an outdated bill, essentially limiting utilities and preventing foreign and non-utility companies from entering the market. Others see the bill as essential for preventing utility holding companies from moving outside of regulators control. Large utilities are clearly very interested in the repeal, and the Bush administration finds PUHCA a relic of the past. Several organizations, including the Union of Concerned Scientists, strongly oppose the repeal. While the House already chose to repeal the act in April, the Senate will consider the bill sometime in the next few days. Republican Senators have insisted that an energy bill will be passed by the end of the week, even if discussion must go into the weekend. The energy bill in question also includes, among other matters, natural gas drilling, energy market issues, ethanol use, and SUV fuel efficiency.
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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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