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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
Indiana Commission Authorizes Duke IGCC Project
LCG, November 21, 2007--Duke Energy yesterday received authorization from the Indiana Utility Regulatory Commission to proceed with the construction of a 630-MW coal-fired power plant that will use an advanced, integrated gasification combined cycle (IGCC) technology. Duke must still receive an air permit from the Indiana Department of Environmental Management. If received, construction may commence in 2008, with full operations achieved in early 2012.
The proposed project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.
The IGCC design employed for the plant includes coal gasification. Synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming.
The estimated cost of the plant is roughly $2 billion, which will be offset by over $460 million in local, state and federal tax incentives.
Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the Commission to build the plant in September 2006. Duke must justify and seek approval in a separate proceeding to recover any costs above the approved $1.985 billion.
The Commission directed Duke to proceed with its plans to develop carbon capture and storage studies and to file a proceeding with the Commission to establish that process in six months.
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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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