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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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 Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

Press Release

Wind Integration - DOE Project Promotes Collaborative Planning for Balancing Wind Variability across Regions



- Integrating SPP Wind Energy into SERC Electricity Markets

LCG, August 6, 2010 -- Department of Energy has awarded Electric Power Research Institute (EPRI) and LCG Consulting (LCG) a contract under the “20% Wind by 2030” challenge to explore innovative solutions for utility wind energy integration.

LCG will provide the key modeling support to analyze the benefits and costs of regional collaboration for integrating the Southwest Power Pool (SPP) wind energy into the Southeastern Electric Reliability Council (SERC) electricity markets.

“… through coordinating balancing operations between SPP and SERC, we expect the study will begin to quantify the value of integrating regional wind and transmission …,” says Sidart Deb, VP of Operations at LCG.

To determine the physical and financial benefit of inter-regional coordination between SPP and SERC, LCG will use the UPLAN Network Power Model and PLATO database to simulate the entire southeast region.

The results of the study shall answer key questions about the overall economics of building wind plants in SPP and sharing output with SERC to accommodate meet the upcoming federal renewable mandates and to control the variability and uncertainty of wind in availability in SPP.

About LCG Consulting:
With more than 25 years of experience, LCG Consulting is a pioneer and market leader in modeling the competitive energy market. LCG offers a full range of consulting services and specialized software products including the UPLAN Network Power Model and regional PLATO databases which are widely adopted for simulating electric systems.

Contact: Sidart Deb
LCG Consulting
650-962-9670
http://www.energyonline.com

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service