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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
Bills Suggest UK Aid to British Energy
LCG, Jan. 15, 2002--The U.K. government has prepared legislation which would eliminate limits on the amount of government assistance allowed for nuclear operations, and give permission for units or assets of the privatized British Energy to be acquired with public funds.The opposition Liberal Democrats said that they would not vote for the bills introduced, because the public would end up funding nuclear waste management, at a cost of £3 billion ($4.82 billion). Financial assistance already being provided to the company, which was privatized in 1976, will end on March 9, based on the policy of the European Commission concerning competition."The bill introduced today allows us to deal with any eventuality faced by British Energy," the energy minister, Brian Wilson, said. "These are sensible provisions which will continue to protect our priorities of nuclear safety and the security of electricity supplies." The costs and operational problems facing British Energy became much worse when wholesale power prices fell by about 40% last year.An environmental group, Friends of the Earth, said the government should not bail out the company. Roger Higman said, "It shows yet again that nuclear power is a financial as well as an environmental disaster."British Energy is now focused on selling Bruce Power, a profitable subsidiary owning nuclear plants in Canada. The sale would provide £300 million ($482 million). £337 million was lost by the entire company in the latter half of the year, it disclosed in December.
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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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