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News
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LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.
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LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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Industry News
Analysis of Summer Resource Adequacy in ERCOT
LCG, July 28, 2016--LCG Consulting releases its analysis of resource adequacy in Texas for high stress conditions in summer 2016.
Every year, the Electric Reliability Council of Texas (ERCOT) publishes reports on Seasonal Assessment of Resource Adequacy, or SARA. In it, ERCOT identifies scenarios to determine whether the Texas system can meet demand under a variety of challenging conditions. LCG has modeled these cases and offers an in-depth exploration into what happens with prices, congestion, and generation under the cases ERCOT presents in the 2016 summer assessment.
Using the advanced UPLAN-NPM modeling system, LCG extends ERCOT’s snapshot report of the summer season to delve more fully into system challenges and outcomes associated with such stress cases, including ramping constraints, Operating Reserve Demand Curve (ORDC) outcomes, pricing impacts, and unit commitment requirements.
LCG’s study models dispatch in the ERCOT region at five-minute intervals, instead of the more common hourly simulation. Modeling smaller slices more accurately captures the operation of the ERCOT system, including the sub-hourly ramping constraints of thermal units, which is particularly important under the SARA report stress cases.
The report relies on LCG’s UPLAN sub-hourly modeling capability as well as robust knowledge of all aspects of electricity transmission and generation in Texas, and decades of electricity modeling experience in the state.
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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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