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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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Press Release
DOE Award on Dynamic Simulation Tools and Measurement-Based Control
LCG, Sept. 20, 2012 - LCG Consulting (LCG) of Los Altos, California, is a part of the consortium organized by Michigan State University, which is recently awarded a $1.5 million grant by the Office of Electricity Delivery and Energy Reliability under DOE Advanced Modeling Grid Research Program.
The project team -- Michigan State University, University of Illinois-Chicago, Florida State University Center for Advanced Power Systems, Los Alamos National Laboratory, Southern California Edison, and LCG Consulting -- will develop a Lyapunov function based remedial action screening (L-RAS) tool that uses real-time data. This approach is expected to supports selection of appropriate remedial actions that are most likely to result in stabilizing trajectories.
For this project, LCG Consulting will provide high level advisory services in the areas of electric system modeling, develop and implement a user interface to L-RAS as well as develop and run scenarios using its proprietary UPLAN models to support the team modeling efforts.
The DOE Advanced Modeling Grid Research Program leverages scientific research in mathematics for application to power system models and software tools. It is envisioned that the selected projects will result in a new class of decision support tools that will simulate dynamic events and help inform operators on real-time conditions to maintain stability.
About LCG Consulting:
With 30 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 for energy producers, suppliers and traders seeking to optimize resources in a cost effective fashion. Its UPLAN suite of models, which offers significant modeling flexibilities and capabilities, has been used extensively to conduct market operation simulations and studies for electrical systems throughout the world.
Contact: Julie Chien
LCG Consulting
julie.chien@energyonline.com
www.EnergyOnline.com
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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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