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News
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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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LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.
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Industry News
Summer 2021 Resource Adequacy Scenarios- Revised Report
LCG June 11, 2021--LCG Consulting (LCG) has released its analysis of resource adequacy in ERCOT for summer 2021, as we do each spring.
Under expected conditions, in agreement with ERCOT’s expectations, our model shows the ERCOT region will have enough installed generating capacity to serve peak loading condition. ERCOT projects peak load as 77,144 MW with a total resource capacity of 86,862 MW.
However, more challenging conditions are always possible. This summer follows what may have been the most extreme weather event to ever test the modern Texas grid, February’s storm that is described as a 1-in-a-100 event. The state is still reeling from its effects, and electricity market participants are facing much stronger public scrutiny of reliability, as well as new legislation, some still pending resolution.
Resource adequacy analysis for the region is critical during extreme summer loading conditions. Reserves have tightened because of recent retirements. The ERCOT landscape is rapidly evolving, with significant transmission changes and unprecedented growth of renewables, particularly wind.
Beside using the conditions that ERCOT itself expects to model this upcoming summer, LCG chose three other scenarios to model: reduced wind output, increased generator outages, and higher-than-expected load.
Each scenario sheds light on where issues might arise and what magnitude of effects might occur.
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If you are interested in more in-depth analysis, please contact us at julie.chien@energyonline.com
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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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