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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
Lenders Cut Maharashtra Electricity Board Some Slack
LCG, Jan 11, 2001Lenders to Dhabol Power Co., Enron Corp.'s big power project near Bombay, India, decided not to take any major action Tuesday after the Maharashtra state electricity board paid its October electric bill, an Indian business newspaper reported this morning.The Economic Times quoted unnamed sources at Indian financial institutions as saying "Lenders have expressed concerned about the huge credit exposure in DPC and were also disappointed over the state government apparent disinclination to honor its guarantee."An emergency meeting had been convened among Enron and the Dhabol project's lenders because the Indian state of Maharashtra's state electricity board had fallen three months behind on payment for electricity produced by the new plant.Over the weekend, the central government of India instructed Maharashtra state to press its electricity board to resolve the past-due bills and Enron had threatened to invoke letters of credit and India's own sovereign guarantee. A few minutes before the creditors' meeting, Maharashtra said it would pay the October bill.Among the institutions participating in the meeting were 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.Maharashtra state electricity board's October bill was for rupees 135 crore, or $28.9 million U.S. The past due November bill, which is still outstanding, is $31.7 million. A December bill for $34.1 million is payable this month.Though the government of Maharashtra bailed out its state electricity board for the October bill, lenders were not confident that it would continue the policy. However, sources close to the Economic Times indicated that pressure from the Indian central government left the state little choice.
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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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