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

Nigerian Power Project Contract Awarded to Shell

LCG, Jan. 28, 2002--The existing Afam Power plant near Port Harcourt, Nigeria, has been contracted for lease and operation by the Shell Petroleum Development Company of Nigeria (SPDC), which will increase capacity from 240 megawatts to 930 megawatts by 2004.

The contract, worth $540 million, is part of the Nigerian Independent Power Producer Program, intended to encourage market entry by local and foreign private investors unaffiliated with the local monopoly, National Power Authority (Nepa).

The contract calls for refurbishment of Afam units I-IV, which will be transferred together with the upcoming Afam V to Shell and operated by the company for fifteen years. The South African firm Eskom Enterprises will be responsible for operations and maintenance, and is contracted through Shell to oversee the construction and contract status.

The first stage of the upgrade, to be completed this year, will bring output at the plant up to 400 megawatts. The overall increase in generating capacity will mark a 20% increase for Nigeria, in which 36% of residents have access to electricity.

Port Harcourt, with a modern city center, is located in the rainforest, and is known as "The Garden City."
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