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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
Endesa, Iberdrola Call Off the Wedding
LCG, Feb. 6, 2001Spain's two largest electric companies, Endesa and Iberdrola, yesterday called off their 13.5 billion-euro ($12.6 billion U.S.) merger, citing strict conditions imposed by the Spanish government on Friday."The resolution on Friday substantially changed the framework that we had agreed on and forces us to stop pursuing the deal," Iberdrola Chairman Inigo de Oriol told reporters yesterday. "The conditions imposed by the government removed the economic and strategic sense."Though billed as a merger, the deal would have been an acquisition by Endesa of Iberdrola. Because of fears of market dominance, the Spanish government would have required the companies to divest a significant amount of generating capacity and reduce its market share of distribution.If the two companies had joined forces, they would have made up about 80 percent of Spain's power market. The government rulings would have limited the new company's share of the generation market to 43 percent and cut its control of distribution to 48 percent.Cancellation of the deal leaves Iberdrola vulnerable to takeover attempts by other European power firms, according to Iberian energy experts. Matija Gergolet, an analyst at Standard and Poor's Equity Research in London, noted "Iberdrola's management has demonstrated by accepting Endesa's takeover offer that they are up for sale."Spain has been defensive against takeover of its companies by government-controlled foreign investors but a European Commission decision last week overruled Spain's right to prevent foreign state-owned companies from entering its liberalized markets.That is seen as an invitation to Electricit de France, Italy's Enel, RWE of Germany and others to make overtures for Iberdrola.
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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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