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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
TXU Announces Plans for $10 Billion Investment in New Power Plants
LCG, April 21, 2006--TXU Corp. announced yesterday its plans to invest $10 billion in new power generation facilities in Texas. The focus of TXU's generation expansion plan is to construct 8,600 MW of new, coal-fired generating facilities that will alleviate dependence on natural gas, which is the primary fuel consumed by power plants in Texas. The plants will largely rely on coal from the Powder River Basin (PRB) region in Wyoming.
Of the eleven new generating units planned, nine are targeted to be built at existing TXU power plants. With the incremental expansion of existing facilities and economies of scale associated with the multiple projects, TXU expects to develop the plants at significantly lower costs. The proposed new generating stations are summarized in the following table.
Unit Fuel Net Capacity County
Previously announced:
- Oak Grove 1 & 2 Lignite 1,600 Robertson
- Sandow 5 Lignite 600 Milam
Subtotal 2,200
Announced today:
- Big Brown 3 PRB 800 Freestone
- Lake Creek 3 PRB 800 McLennan
- Martin Lake 4 PRB 800 Rusk
- Monticello 4 PRB 800 Titus
- Morgan Creek 7 PRB 800 Mitchell
- Tradinghouse 3 & 4 PRB 1,600 McLennan
- Valley 4 PRB 800 Fannin
Subtotal 6,400
Total 8,600
As part of this huge endeavor to expand its coal fleet, TXU also announced an exclusive partnerships with Bechtel Power and Fluor Corp. to manage the projects and reduce engineering, procurement and construction costs.
TXU's plans include up to $2 billion to incorporate the best available control technology (BACT) to minimize emissions at the eleven new units. TXU has filed air permit applications with the Texas Commission on Environmental Quality. Given timely regulatory approvals, TXU expects the new units to commence operations by 2010.
The investment plans also call for up to $500 million at existing units to reduce mercury, sulfur dioxide and nitrogen oxide (NOx) emissions. The reductions are to be achieved by fuel switching and the installation of new, state-of-the-art emission controls.
TXU's investment plans include investing up to $2 billion in the development of new, cleaner power plant technology, such as designs that incorporate integrated gasification combined cycle (IGCC) technology.
Another element of TXU's expansion plans is the creation of a new company, TXU Renew, whose mission is to double TXU's renewable energy portfolio by 2011. If successful, TXU's total renewable energy portfolio would total about 1,400 MW.
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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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