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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
DOE Authorizes Additional LNG Exports at Texas Freeport LNG Terminal
LCG, November 26, 2013--The U.S. Energy Department (DOE) earlier this month conditionally authorized the Freeport LNG Expansion to export greater volumes of liquefied natural gas (LNG) to countries without a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal, which is located at Quintana Island, Texas.
The Freeport LNG Terminal had received earlier this year approval to export 1.4 Bcf/day of LNG to non-FTA countries. The additional export capacity is 0.4 Bcf/day, or a total of 1.8 Bcf/day. The authorization is subject to environmental review and final regulatory approval.
The DOE's summary findings stated, "Based on a review of the complete record and for the reasons set forth below, DOE/FE has concluded that the opponents of the FLEX Application have not demonstrated that the requested authorization will be inconsistent with the public interest and finds that the exports proposed in this Application are likely to yield net economic benefits to the United States."
Natural gas will be transported via pipeline and will be pretreated near Freeport LNG's existing metering, compression and underground storage facilities. The pretreated natural gas will then be delivered to the terminal through Freeport LNG?s existing gas pipeline. At the terminal it will be liquefied and then stored in full-containment LNG storage tanks. LNG will be exported from the terminal by LNG carriers arriving via marine transit through the Freeport Harbor Channel.
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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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