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AEP's 2,000-MW Wind Catcher Project Faces Challenge at Oklahoma Corporation Commission

LCG, February 14, 2018--An Oklahoma Corporation Commission (OCC) administrative law judge on Monday recommended against preapproval of Public Service Co. of Oklahoma's request to to charge its ratepayers to support partial ownership of the 2,000-MW Wind Catcher project and to use some of the electricity generated by the project. The utility, a subsidiary of of American Electric Power (AEP), is requesting authorization to recover estimated costs of about $1.36 billion to become part-owner of the Wind Catcher project and to construct a 765-kV transmission line to deliver electricity to a Public Service Co. of Oklahoma (PSO) substation north of Tulsa.

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AEP's Clean Energy Strategic Vision Plans to Reduce Carbon Emissions 80 Percent from 2000 levels by 2050

LCG, February 8, 2018--American Electric Power (AEP) Monday released a report outlining the company's strategy for a clean energy future. The strategy includes new carbon dioxide emission reduction goals and investments in renewable resources and advanced technologies to enhance the efficiency of the power grid.

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Press Release

California Electricity Market 10-Year Forecast


LCG, October 19, 2015-LCG Consulting of Los Altos, California has announced the release of its latest ten-year forecast of the CAISO electricity market (2016-2025). Results suggest that the mandated, large-scale deployment of renewables will impact the state’s electricity market. The study includes hourly price forecasts at Default Load Aggregation Points (DLAP) and Trading Hubs. Results also include monthly summaries of constraints that experience the highest congestion and generation by fuel type.

With State's renewable portfolio standards (RPSs), California is expected to experience rapid renewable technology deployment over the coming decade. Large scale solar deployment will impact the state’s net load during peak hours and have significant implications for hourly locational marginal prices (LMP). This along with other proposed supply and demand side changes will have significant impact on the state’s future electricity market. In order to forecast the impact of these factors on the California electricity market LCG has conducted an extensive study to simulate CAISO operations through 2025.

LCG used the UPLAN Network Power Market model to perform hourly nodal simulations of every hour of the time horizon. UPLAN is a fundamental model that represents all generation units, loads, and transmission infrastructure in CAISO and simulates the physical and financial behavior of the participants in the CAISO market with respect to the market protocols. The study includes detailed forecasts of load, fuel prices, renewable and hydro generation profiles, and generation expansion and retirement. The analysis takes into consideration the RPS target, reserve margin and ramping requirements set recently by California regulators and CAISO. Read more.

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