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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
Conectiv Unit Sells Interests in Nukes
LCG, Oct. 19, 2001--Utility holding company Conectiv Inc. said yesterday that its Atlantic Electric Co. subsidiary had completed the sale of its ownership interests in three nuclear plants to PSEG Nuclear LLC and Exelon Generation Co. for a total of about $11.3 million, not counting fuel inventory.With the sale of these interests, Atlantic Electric has completely exited the nuclear generation business.- A 7.51-percent, 164 megawatt, interest in the Peach Bottom Atomic Power Station Units 2 and 3 was sold in equal shares to co-owners PSEG Nuclear and Exelon, each of which, prior to the sale, owned about 46 percent of Peach Bottom. Exelon is the operator of that facility.
- A 7.41-percent, 167 megawatt, interest in the Salem Nuclear Generation Station Units 1 and 2 was sold to PSEG Nuclear, an indirect subsidiary of Public Service Enterprise Group Inc. PSEG Nuclear is the operator of Salem and, prior to the sale, owned about 50 percent of that facility.
- A 5.00-percent, 52 megawatt, interest in the Hope Creek Nuclear Generation Station Units 1 and 2 was sold to PSEG Nuclear. PSEG Nuclear is the operator of Hope Creek and, prior to the sale, owned 95 percent of that facility.
Conectiv said PSEG Nuclear and Exelon unit Peco Energy Co. have also assumed full responsibility for the ultimate decommissioning of Atlantic's interests in Peach Bottom, Salem and Hope Creek.Thomas Shaw, chief executive of Conectiv, said "The sale represents another milestone in the execution of our focused business strategy. We have sold baseload nuclear and fossil fired power plants that do not fit our strategy and have made progress developing and building new, fast-response, mid-merit generation units that can meet the region's need for power.""Mid-merit" plants are quick-starting peaking units -- usually natural gas-fueled combustion turbines -- the are fired up during periods of peak demand, when electricity prices are at their highest.
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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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