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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
Enron Inks Billion Dollar Deal with Hotel Chain
LCG, Sept. 7, 2000Enron Energy Services and Starwood Hotels & Resorts Worldwide Inc. said yesterday they have signed a 10-year energy management deal worth more than $1 billion.Starwood chief operating officer Robert F. Cotter said the arrangement will save the company $200 million in energy costs at its Sheraton, Westin, St. Regis and other properties over the life of the contract.Under the agreement, the Enron Corp. subsidiary will provide or procure electricity and natural gas and manage the hotel chain's energy "infrastructure." Cotter said the reduced energy consumption in the company's hotels will result "in a huge cost savings and more environmentally friendly operations."Lou Pai, chief executive of Enron Energy Services noted that Starwood was the first hospitality company to outsource energy management. "To ensure predictable and lower energy prices, weare providing Starwood the full range of our energy management services including commoditymanagement, energy asset management and project management," he said.Times are changing, observed Glenn Tuckman, Starwood's senior vice president for operations. "A decade ago, if we had tried to aggressively conserve energy in our hotels, it would have been very apparent to our guests, and not in a good way. Light bulbs would have taken a few seconds to turn on and would have appeared dim at first; the TV remote control would not have worked properly and the temperature in guest rooms would have been erratic."He said things are different now. "We want every hotel associate to treat our hotels as they would their own home -- after all, we all know to turn off lights when we leave a room in our house, but somehow, when it is a hotel, or office building or any other large public space, we just assume it's someone else's job to watch energy." He added "A little personal energy conservation will go a very long way."Pai said Enron would provide Starwood with "the full range of our energy management services including commodity management, energy asset management and project management."
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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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