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

Dominion Completes Acquisition of Louis Dreyfus Gas

LCG, Nov. 2, 2001--Dominion Resources Inc. said yesterday it has completed the $2.3 billion acquisition of Louis Dreyfus Natural Gas Corp., and will fold the company into its Consolidated Natural Gas subsidiary.

Dominion said the acquisition more than doubles its proven reserves to more than 4.6 trillion cubic feet equivalent. That increase will permit a 40 percent expansion of production to more than 450 million cubic feet of natural gas per year.

All in all, Dominion expects the acquisition to help double its gas sales and trading volumes over the next three years.

The purchase was paid for with $890 million in cash and $900 million in stock from a new issue of 14 million shares. Consolidate also assumed $505 million of Louis Dreyfus debt.

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