2012 ERCOT Electricity Market Outlook - Simulation and Forecast

Jan. 17, 2012 - PRLog -- LCG, January 17, 2012 – LCG Consulting of Los Altos, California has released a new ERCOT electricity market outlook for 2012.  This report incorporates the latest developments implemented under the ERCOT nodal protocol and summarizes forecasts for LMPs, Ancillary Service prices, hub prices, and load zone prices.  

The market forecasts and economic analyses are based upon sophisticated, hourly simulations of the entire ERCOT wholesale power market using LCG’s proprietary UPLAN Network Power Model (UPLAN) and PLATO database for ERCOT.  UPLAN replicates the behavior of regional power markets and power systems to simulate the financial and physical operations of entire grids. It simulates the bidding process for the energy and ancillary service markets and dispatches generators hourly, using region-specific protocols.

The report can also be customized to include additional details such as generator performance, hourly LMPs, transmission congestion, and other information of interest to you.  Please see the flyer (http://www.energyonline.com/reports/2012%20ERCOT%20Electr...)  for more information. Should you be interested, please contact Julie Chien at julie.chien@energyonline.com

About LCG Consulting:
With more than 25 years of experience, LCG Consulting is a pioneer and market leader in modeling the competitive energy market. LCG Consulting offers a full range of consulting services and software products for energy producers, suppliers and traders seeking to optimize resources in a competitive energy market.

Contact: Julie Chien
LCG Consulting
julie.chien@energyonline.com
http://www.energyonline.com

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With more than 25 years of experience, LCG Consulting is a pioneer in modeling the competitive energy market. LCG Consulting offers a full range of consulting services for the electric and gas industries.