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

South East Asian Association Discusses Transnational Energy Plans

LCG, July 3, 2003ASEAN, the Association of South East Asian Nations, met over the last few days and discussed a plan for a transnational electricity supply grid already falling into place.

Energy and industry government officials from Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Malaysia, Singapore, Thailand, and Vietnam, met and discussed several issues including a proposed transnational transmission system.

With international transmission capability, Thailand could sell its surplus electricity to Myanmar, and Laos would be able to sell electricity to Cambodia. Indonesia, as the world's fourth most populous country, could also better meet its electricity needs since it lacks capacity in some more rural areas.

ASEAN has three transmission projects now in operation, as well as eight under construction, and some in planning stages. The nations plan to have 14 transmission projects completed and operating by 2020. Lines in operation at this point are Peninsula Malaysia-Singapore, Thailand-Peninsula Malaysia, and Thailand-Laos.

The Secretary General of ASEAN, Ong Keng Yong, noted that the transmission plans may only benefit a few of the Associations nations, specifically Cambodia, Myanmar, and Indonesia. However, those selling power to these three nations should also benefit from the transmission grid as they can dispose of excess capacity and perhaps make some profit as well.

The recent meeting also established an energy-related advisory body, the ASEAN Gas Consultative Council (AGCC), and served in advancing evaluation of several energy issues, including gas pipelines and the fossil fuel market.

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