EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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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.

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Industry News

Enron Wearies of Delays in India

LCG, Sept. 25, 2001--Enron Corp. sees no early solution to its bitter dispute with the Maharashtra State Electricity Board despite an assurance from Indian Prime Minister Atal Bihari Vajpayee that the federal government of India will step in to resolve the problem, the Economic Times, an Indian business paper, reported this morning.

The company wrote to Vajpayee more than a month ago with an offer to sell its 65-per cent stake in Dabhol Power Co. for $1 billion but the federal government has not responded, Enron India spokesman Jimmy Moghal said yesterday.

"It's been more than a month since we have communicated to government authorities and have yet to receive any response," he said, adding that Enron Chairman Kenneth Lay had written another letter to New Delhi expressing "disappointment" at the lack of progress.

The company wrote to Vajpayee saying a long legal dispute would "raise serious questions about India's image as a safe and reliable destination for foreign investment", Moghal said, noting that earlier this month Vajpayee said the federal government would facilitate a quick solution to Enron's dispute with the MSEB, which was the sole buyer of Dabhol's power.

The Economic Times quoted an Enron statement as saying "Contrary to recent impressions created ... regarding a quick resolution of the Dabhol project, little progress has so far been made with, in fact, no proximity to reaching a fair and reasonable solution."

Another paper, The Times of India, said Lay wrote in his letter to Vajpayee that foreign investors would doubt the sanctity of contracts signed in India. "Any other foreign investor or lender is going to ask himself why his contract is any more likely to be honored than ours has been," it quoted Lay as saying.

Moghal declined comment on the newspaper report.

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