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News
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Industry News
AES Completes Financing for 450 Bangladesh Megawatts
LCG, April 13, 2001AES Corp said yesterday its AES Meghnaghat Ltd. subsidiary has signed agreements with the Asian Development Bank, Infrastructure Development Company Ltd. and ANZ Investment Bank for the financing of its $300 million, 450 megawatt combined cycle gas-fired powerplant in Bangladesh.The Meghnaghat plant and another 360 megawatt plant in Haripur are the first large-scale independent power programs in the country to be developed, financed and implemented under the Private Sector Power Generation Policy of Bangladesh.AES will own and operate the Meghnaghat plant, which is located about 18 miles southeast of the capital city of Dhaka. Electricity will be sold to Bangladesh Power Development Board under a 22-year power purchase agreement at what AES claims is one of the lowest electricity prices ever offered.Titas Gas Transmission and Distribution Co. Ltd., a wholly-owned subsidiary of state energycompany Petrobangla, will supply natural gas to the power plant for the term of the power purchaseagreement, AES said.The plant is being designed and built by a consortium of Hyundai Engineering & Construction Co. Ltd. and Hyundai Heavy Industries Co. Ltd. and is expected to be completed by October of next year.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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