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

BG North America Adds to Its Northeast Power Portfolio

LCG, December 28, 2006--BG North America, a wholly owned subsidiary of BG Group plc, announced today that it has executed an agreement to purchase the Lake Road Power Plant in Connecticut. The stated purchase price is $685 million. The purchase is expected to close in the first quarter of 2007, given timely regulatory approvals.

The Lake Road Power Plant, located in Dayville, is a combined cycle facility that can be fueled by either natural gas or oil. The electric generating capacity of the plant is 805 MW, and the plant delivers power into ISO New England (ISO-NE).

BG Group is a global natural gas business that operates four business segments ? exploration and production, LNG, transmission and distribution, and power. The purchase of the Lake Road Power Plant is the second power plant acquired this year by BG North America. In September, BG North America entered the power market by purchasing the 170-MW, gas-fired, Dighton Power Plant from Calpine Corporation for $90 million. The Dighton Power Plant, located in Massachusetts also delivers power into ISO-NE.
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