News
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AES Announces New Battery Storage Project for PJM
LCG, June 19, 2013--AES Energy Storage, a subsidiary of AES Corporation, yesterday announced plans to deliver 40 MW of new, advanced energy storage resources to the PJM Interconnection. The new storage capacity will be located at Dayton Power and Light's (DP&L) Tait Generating Station, south of Dayton, Ohio. The storage resource can displace power generation from aging, inefficient power plants and potentially reduce overall system emissions. The project is expected to be operational in September 2013.
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California Sets New Record for Solar Power Generation of Over 2,000 MW
LCG, June 14, 2013--The California Independent System Operator (ISO) announced that a new record was set for solar power output of 2,071 MW at 12:59 p.m. on June 07, 2013. According to the ISO, the peak demand was approximately 36,000 MW, and solar generation provided more than five percent of the demand for electricity.
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Press Release
LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
The extensive 2013 ERCOT Electricity Market Outlook report includes results of comprehensive hourly simulations of market operations as well as volatility simulations for Peaker Net Margin (PNM). The results from the extended simulations for the years 2014 through 2017 are based on most likely market conditions and are available in Excel format.
The reports include monthly forecasts of key metrics such as load zone and hub prices, ancillary service prices, top congested transmission lines, generation by fuel type, wind production and curtailment, and valuation of congestion revenue rights.
Customized details such as individual generator costs and revenues, hourly nodal prices (LMPs), transmission congestion, contingency, and other information of interest are available from the modeling results. These results can be used to assess capital investment opportunities and valuation of new and existing generation and transmission assets. Please see the Table of Contents for more information.
To purchase the 2013 Outlook or for information regarding custom reports or other market studies, please contact Julie Chien .
About LCG Consulting and UPLAN Models:
With over 30 years of experience in the industry, LCG’s expertise in modeling the ERCOT market is unparalleled. UPLAN, LCG’s comprehensive modeling system, has been proven to forecast market operations with a high degree of accuracy. It simulates power markets and operations to forecast the financial and physical operation of the entire grid.
Contact: Julie Chien
LCG Consulting
julie.chien@energyonline.com
www.EnergyOnline.com
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