News
|
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.
|
|
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.
|
|
|
Press Release
2015 ERCOT Electricity Market Outlook
LCG, March 23, 2012 – LCG Consulting (LCG) of Los Altos, California, has released its findings concerning future grid operations and market conditions in ERCOT in a new report, 2015 ERCOT Electricity Market Outlook, which summarizes hourly simulations for the entire year. The 2015 Outlook report will be of interest to market participants needing in-depth insight into key metrics such as load zone and hub prices, ancillary service (A/S) prices, hub prices, transmission lines experiencing significant congestion, and the value of congestion revenue rights (CRRs).
LCG can provide targeted, additional details from this market study, such as individual generator costs and revenues, hourly nodal prices (LMPs), transmission congestion, N-x contingencies, wind curtailment and other information of special interest.
The simulation of the ERCOT market was conducted with the UPLAN Network Power Model, LCG’s flagship simulation software that is unparalleled for fundamentals-driven market forecasting and analysis.
UPLAN Network Power Model (NPM) replicates the behavior of regional power markets and power systems to simulate the financial and physical operations of entire grids. It simulates the bidding process for the Energy and Ancillary Service markets and dispatches generators hourly, using region-specific protocols. UPLAN is extensively used in ERCOT for nodal and load zone studies for various stakeholders as well as by ERCOT itself. UPLAN-NPM is typically utilized to assess capital investment opportunities and risks associated with prospective and existing generation and transmission assets.
Please see the flyer for more information. To obtain the 2015 ERCOT Outlook Report, please contact Julie Chien.
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 Consulting offers a full range of consulting services and software products for energy producers, suppliers and traders seeking to optimize resources in a competitive energy market.
Contact: Julie Chien
LCG Consulting
julie.chien@energyonline.com
www.EnergyOnline.com
|
|
|