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News
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
Read more
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Industry News
Energen Says High Gas Prices Mean High Profits
LCG, Dec. 1, 2000--Energen Corp., the holding company for Alabama Gas Corp. which serves about 470,000 customers in a belt across central Alabama, said yesterday that high prices for natural gas and oil promise to boost earning beyond earlier expectations."On the basis of commodity price strength in the first quarter of our 2001 fiscal year, we are increasingly optimistic over the potential for greater earnings growth in the current year than earlierdiscussed," said Mike Warren, chairman and chief executive."Energen's earnings for fiscal year 2001 have the potential to rise more than the 13 percent previously estimated to the extent that commodity prices continue above the assumed levels and our other underlying assumptions remain unchanged," Warren added.The company said that a 10 increase in natural gas wholesale prices is estimated to have a $400,000 impact on net income. The company further noted that unlike Energen Resources, the company's natural gas utility does not profit from the high natural gas prices currently in place across the country. Changes in the utility's gas supply costs, up or down, are passed through to the customer without markup, under the terms of a Gas Supply Adjustment rider to its rate schedules.
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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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