News
LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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LCG, July 22, 2025--Enbridge Inc. (Enbridge) today announced that it has reached a final investment decision on the Clear Fork solar project located near San Antonio, Texas. Meta Platforms, Inc. (Meta), has signed a long-term contract for all of the renewable power generated from the 600-MW project.
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Press Release
Workshop on Valuing Congestion Revenue Rights in the California MRTU
For immediate release. LCG Consulting will host a workshop covering methodologies for valuing Congestion Revenue Rights (CRR) in the Californian electricity market.
Date: September 9, 2009 Venue: Stanford University
The Market Redesign and Technology Upgrade (MRTU) launched by the California Independent System Operator (CAISO) on March 31, 2009 brought comprehensive changes in the way power markets are operated in California. Wholesale power is now offered at thousands of locations throughout the CAISO network, presenting participants with a new set of opportunities in conjunction with associated risks.
The key financial product with which market participants can arm themselves in this locational marketplace is the Congestion Revenue Right (CRR). CRRs can be used to protect existing positions and to create new opportunities.
Because there is very little history behind this product, the level of sophistication needed to effectively manage CRRs in these markets is lacking. This workshop will facilitate a discussion between market participants on this topic and cover some advanced techniques for effective CRR valuation.
For more information on this event, please refer to the following link. CRR Workshop
Staff Contact:
Madeline Chen 1-650-962-9670 ext. 111 mchen@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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