EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) 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 (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

Read more

Dominion Energy Virginia Pursues 500 MW of Renewable Projects

LCG, August 8, 2019--Dominion Energy Virginia announced Monday that it is seeking bids for up to 500 MW of renewable capacity in both 2021 and 2022 to increase its clean energy resources. Dominion Energy stated that it is committed to having 3,000 MW of solar and wind in operation or under development in Virginia by 2022. This near-term step is part of an ultimate company commitment to reduce carbon emissions by 80 percent by 2050 across the 18 states it serves.

Read more

Press Release

UPLAN Users United in San Francisco

San Francisco, March 18, 2008 -- In conjunction with the upcoming release of UPLAN-Altos, LCG Consulting hosted a users conference last week in San Francisco, California. The highly anticipated enhancements of the UPLAN software, which provides comprehensive planning facilities for analyzing many new issues facing electricity market participants, brought out a large number of attendees representing nearly 20 organizations. The conference offered all users, both old hands and beginners, a unique opportunity for networking and exchanging information on many new market developments.

Held at the Parc 55 Hotel near San Francisco's famed financial district, the two-day affair provided a forum for UPLAN users from various sectors of the industry to share their knowledge and experience. Various modeling applications were presented, including renewable portfolio evaluation, developing transmission projects, CRR auctions, ERCOT 5-year plan and regional market analysis. Representatives from LCG Consulting were on hand to present the new features of UPLAN-Altos, slated for release this summer.

The responses from the users were overwhelmingly positive. "It's great to know what others are doing with UPLAN. I was greatly stimulated. Also it's great to explore the possibilities of using UPLAN for what we currently don't. It's been a great opportunity for networking", responded an exited user.

Click on the following links to see the photo

Conference 1
Conference 2
Conference 3

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service