EnergyOnline

PRESS RELEASE

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook, the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting.

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ERCOT 2019 Summer Quarter Outlook

LCG, May 29, 2019-- LCG released a new summer (June – September 2019) report that looks at how the ERCOT grid copes with strained network conditions.

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2019 ERCOT Outlook report available from LCG Consulting

LCG, January 8, 2019 --Texas continues to see growth in renewable energy resources. In 2018, ERCOT endorsed major transmission projects to serve load growth while relieving congestion in the Far West region.

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Impacts of High Variable Renewable Energy Futures

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to study variable renewable energy (VRE) scenarios to offer a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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NEWS

Snapshot of Load Changes, California (CAISO) and New York City regions (NYISO NYC): an Addendum

LCG, April 6, 2020 -- Jeremy Platt, Palo Alto has made some additional observations of impact of COVID - 19 on electricity demand using the grid operators data published by LCG. This note extends the results reported on March 27, 2020. The magnitudes of load reduction are very different due to the different sizes of these regions, but the times and scales of sharp reductions of ~ 16% are remarkably similar

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California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO May 2020
Energy Price (Actuals)
ERCOT $16.72
MISO $10.17
NYISO $10.96
NEISO $14.5
CAISO $23.1
PJM $9
Load (Actuals)
ERCOT 33650 MW
MISO 53969 MW
NYISO 15277 MW
NEISO 9758 MW
CAISO 26524 MW


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