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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 Says its Dabhol Stake for Sale at $1 Billion
LCG, Aug. 9, 2001--Enron Corp. of the U.S., which owns 65 percent of the $2.9 billion Dabhol Power Project on India's west coast, is willing to sell its interest in the business for $1 billion, The Economic Times, an Indian newspaper, said this morning.Wade Cline, managing director of Enron India, told the paper that any buyer would also have to pay an estimated $230 million to complete phase two of the project.At the same time, Enron said in a statement "In the interest of quickly resolving this dispute, Enron has expressed a willingness to forgo expected profits and negotiate terms that would allow Indian authorities to acquire foreign stakeholders' interest in Dabhol."Dabhol was envisioned in the early 1990s as a 2,184 megawatt power complex that would make electricity plentiful in the Indian state of Maharashtra, and contracts were negotiated with the Maharashtra State Electricity Board for the state-owned utility to take all of the plant's production and for the MSEB to acquire a 30 percent interest in the project.Since the 740 megawatt first phase of Dabhol began commercial operation last year, Enron has had trouble collecting its electric bills from the MSEB. Moreover, the MSEB declined to increase its ownership in the project from 15 percent and now says it wants no part of the 2,144 megawatt second phase.Enron shut down the existing 740 megawatt unit of Dabhol in May when it was unable to collect $48 million owed by the MSEB, and halted construction on the nearly complete 2,144 megawatt portion of the plant. Cline said the company was willing to provide "technical and vendor support assistance" to a buyer, the Economic Times said.Last month, Enron, along with GE Capital Corp. and Bechtel Enterprises Inc., each of which owns 10 percent of the project, said they were interested in selling their stakes to the Indian federal government or to Indian financial institutions which hold most of Dabhol's debt.Dabhol is India's largest foreign investment, and its future is widely regarded as a test case of the country's ability to attract further foreign money, which its government says is needed for infrastructure investments.
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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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