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EIA Forecasts Continued Increase in U.S. Natural Gas Exports

LCG, August 10, 2017--The U.S. Energy Information Administration (EIA) released earlier this week its Short-Term Energy Outlook that forecasts the nation will export more natural gas than it imports in 2017 and throughout 2018. Furthermore, the EIA projects the U.S. will continue to be a net exporter beyond 2018 because of growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of liquefied natural gas (LNG).

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New Legislation Proposed in U.S. Senate for Offshore Wind ITC

LCG, August 4, 2017--New legislation was introduced in the U.S. Senate to create an investment offshore wind tax credit of 30 percent for the first 3,000 MW of offshore wind facilities placed into service in the U.S. The legislation would amend the Internal Revenue Code of 1986 to provide the incentive to the generate electricity from offshore wind.

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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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