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

Spanish Endesa Won't Bid for Brazil's Copel

LCG, Oct. 9, 2001--Spanish global energy company Endesa said yesterday it would not bid in the privatization sale of integrated utility Companhia Paranaense de Energia, commonly called Copel, by the southern state of Parana.

Endesa joins Electricit de France in withdrawing from the auction, placing the sale in doubt. "The market is full of uncertainty about whether Copel's auction would happen at all after Endesa's pullout," said an official of a Brazilian bank.

Between 76.5 percent and 90 percent of the voting stock in Copel will be sold in an auction on October 31, depending on how many of the company's minority shareholders participate in a government offer to buy their shares for inclusion in the auction.

But yesterday's announcement by Endesa knocked almost 10 percent off Copel's market capitalization on the Brazilian stock market.

The government of Parana, which will sell 76.5 percent of Copel's voting stock, has placed a minimum price of 4.32 billion rials ($1.6 billion U.S.) on the stake.

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