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News
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LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.
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LCG, January 13, 2026--Oglethorpe Power today announced it has selected Kiewit Corporation through its subsidiary, The Industrial Company (TIC), as the Engineering, Procurement and Construction (EPC) partner for its new combined-cycle (CC), natural gas-fired power plant in Monroe County, Georgia. The new, 1,425-MW facility represents a capital investment of more than $3 billion. Commercial operation of the new generation capacity is planned to commence in 2029.
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Press Release
2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO
LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).
Market participants are busy preparing for the Congestion Revenue Rights (CRRs) allocations and auctions coming over the next weeks. They should pay attention to the changing system conditions that will impact their ability to acquire new CRRs and greatly affect the value of these products.
The state's energy market is navigating profound changes, from ambitious renewables standards to energy shortages and unprecedented growth in storage.
By performing a detailed market analysis, forecasting the hourly operations of CAISO through rigorous software simulation, LCG was able to determine that congestion patterns will be different than in previous years. For example, prices in the North of the State will not track the prices in the South as closely as they have in previous years. This divergence is due to a number of interrelated factors, including:
- The retirement of many natural gas power plants in the Edison footprint
- Significant transmission outages that will disrupt normal power flow patterns
- New storage and solar
- Limited capacity in the early evenings causing additional imports
Changes in congestion patterns indicate that certain market participants will be at risk when supplying power to locations different than where it is procured -- especially if they do not have congestion hedges or are hedging the wrong paths. Others may benefit greatly.
If you are interested in more information regarding LCG’s CAISO forecasts, please contact julie.chien@energyonline.com or 650-962-9670x110.
About LCG Consulting:
Silicon Valley-based LCG Consulting has been modeling power systems for more than 30 years. In that time, energy market participants and research institutions across the United States and internationally have relied on LCG models for every type of application, from electricity trading, plant siting, asset valuation, transmission planning and testimony support.
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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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