EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

Read more

DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

Read more

Industry News

UK's BG to Buy Enron India Oil and Gas Assets

LCG, Oct. 3, 2001--British natural gas producer BG Plc said this morning it had agreed to buy Enron Corp.'s oil and gas assets off India's west coast for $388 million to complement its Indian interests in gas distribution and liquefied natural gas.

Enron's Dabhol Power Co. is not part of the deal, though Dabhol's 2,184 megawatt power plant is fueled by LNG obtained under a long-term agreement from Qatar.

Enron Oil and Gas India Limited has a 30 percent interest in the Tapti and Panna Mukta fields north west of Bombay, and a 62.4 percent interest in the CB-OS/1 exploration license off the state of Gujarat. The Enron unit is operator of the concessions under agreements with its joint venture partners.

In addition to regulatory approvals, the sale of Enron's assets would require confirmation that Enron Oil and Gas India would continue as operator of the fields under BG's ownership. However, the state-run drilling company ONGC, which has a 40 percent stake in Tapti and Panna Mukta, has indicated it wants to take over operation of the fields.

On learning of Enron's interest in selling its interests in the fields, ONGC expressed interest in boosting its ownership to 70 percent.

BG has LNG import facilities under development in western India. David McManus, the company's executive vice president with responsibility for India, said yesterday "What this additional gas will do is create the marketplace in advance of LNG imports coming in behind it and in fact will fill the supply deficit that currently exists."

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service