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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
Mirant to Buy Korean Power Firm, Build Plant
LCG, Dec. 5, 2001--Mirant Corp. of the U.S. said yesterday it plans to acquire Hyundai Energy Company Ltd. and build a 520 megawatt, combined-cycle power plant in southern Korea.Mirant said the permits and land necessary for the development are already in place and the site has expansion potential for another 1,000 megawatts."Our entry into the Korean market marks another step in executing our Asian strategy and moves us closer to achieving our goal of 10,000 megawatts in Asia by 2005," said Rick Keuster, chief executive of Mirant's Asia business group. "As Korea continues its deregulation into the gas sector, we see opportunities to integrate the (Hyundai) project into our global LNG strategy."The plant site is located in the Yulchon Industrial Complex, a 2,278-acre complex in Cholla province. Construction is expected to be begin in the latter half of next year, with simple cycle operations beginning in the third quarter of 2004. The plants output will be sold to Korea Electric Power Co."Korea is a fairly large market, with a growing demand for electricity (and) has all the right ingredients for a strong country-based business," Keuster said. "Through our announced initiatives, we broaden our regional presence, gain technical experience, and position ourselves for the future privatization of the Korean power sector."
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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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