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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
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."
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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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