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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
New Delhi Tells Maharashtra State to Pay Enron's Bill
LCG, Jan. 8, 2001The Indian government has instructed the state of Maharashtra to reach an agreement with Enron Corp. on payment of past due electric bills from Enron's Dabhol Power Co., India's Economic Times newspaper said yesterday.Maharashtra's state electricity board has not paid a bill from Dabhol since September and its charges from October and November add up to rupees 262 crore, which is $56.15 million (a crore is 10 million rupees).Enron has said it would invoke letters of credit and possibly the sovereign guarantee of the Indian government if the bills aren't paid.Adding to the pressure on Maharashtra is a meeting scheduled for tomorrow in New York where lenders who financed the Dabhol project are to "take stock" of the situation, the paper said. Among the institutions expected to be on hand are the Industrial Development Bank of India, the ICICI Bank of India and the State Bank of India, the country's oldest, largest and most successful commercial bank.U.S. and foreign commercial banks as well as import-export banks of several nations are also expected to attend tomorrow's meeting, along with Dabhol's chief financial officer Mohan Gurunath.The first phase of Dabhol, a facility with a capacity of 826 megawatts, began commercial operation nearly two years ago. Financing has been arranged for the second phase, which would add 1,624 megawatts, but Maharashtra, which was to have had a 15 percent ownership with an option to double that, announced last fall that it was pulling out of the project.Enron India managing director Wade Cline said his company was willing to talk with Maharashtra about restructuring any of the financial arrangements between Enron and the state, but the state electricity board would have to pay its electric bill first.The Maharashtra state electricity board has had trouble meeting its financial commitments with Enron for a year, but the extent of its problems had not heretofore been aired. Enron has had ongoing discussion with the state government and the electricity board but their substance has not been made public. Now, Enron is getting short with its customer."Enron is now burdened with the debt servicing, salary payments and fuel charges for the last three months. We will not be able to go on forever," said Cline. "We could have done it in last January, but we didn't."He added that it might have been different if Enron were not involved in phase two at Dabhol, which is well into construction.
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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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