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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
UK Grid Operator Evaluates Winter Reliability
LCG, Oct. 17, 2003--The United Kingdom's operator of electricity and gas transmission networks submitted a report to regulator Ogfem this week, describing ways in which further blackouts could be avoided, with measures for increasing availability of power generation resources and gas inventories.National Grid Transco (NGT) said that as long as normal weather conditions and availability of gas persist, no problems should arise. It stated that the convergence of adverse conditions on a number of fronts, such as might come together once in 50 years, would represent the only case in which the probability of blackouts could become significant. Colder-than-normal temperatures for an extended period, plant failures, and a loss of power imports from France, would all add risk.NGT identified several measures that could be put in place to lower the risk of blackouts, including raising operating limits for power plants, boosting required inventories of gas by suppliers, and seeing that power plants can acquire gas even in an emergency.Currently, the reserve capacity of electric generation is at 17.7 percent, having increased from 16.5 percent during the summer. Some power plants that had been shut down following low wholesale power prices have been brought back into operation. Wholesale prices have risen 25 percent over a year. When power was initially privatized in 1990-1991, the reserve stood at 31 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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