EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

North Korea Looks South for Help with Electricity

LCG, Dec. 28, 2000Economic cooperation talks between North and South Korea began today in Pyongyang with officials from the North asking for short-term electric power from the south side of the demilitarized zone, the Yonhap News Agency reported.

Cho Myung-kyun, a South Korean official taking part in the talks, said "The North side called for the speedy supply of electricity," according to Yonhap.

South Korean delegates proposed setting up a team from both Koreas to investigate the electric power system in the North and recommend ways in which the South could help. Officials from the South said public support would be needed before electricity could be sent across the DMZ.

Unless transmission lines have been built in the 48 years since we last viewed the DMZ, a good deal of infrastructure would also need to me constructed. The economic talks discussed the possibility of a cross-border railroad, so wires might not be far behind.

The economic conference is taking place at the vice-minister level after top-level discussions earlier this month recommended exploration of economic cooperation between the two Koreas. At the earlier meetings, North Korea asked the South for help in building 2,000 megawatts of conventional generation, starting with a 500 megawatt plant.

Assistance to the North in developing nuclear power plants has been stymied by concern on the part of South Korea, Japan and the United States over possible use of nuclear facilities to produce weapons grade plutonium by North Korea.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service