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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
Maryland Liquefied Natural Gas Terminal Reopening
LCG, February 13, 2003--Cove Point, a liquefied natural gas facility owned by Dominion Resources, will be reopened as part of a larger U.S. effort to meet increasing natural gas demand.The plant was closed in the early 80's because it was not cost effective and demand was low.However, that situation has reversed itself for a number of reasons. Gas field production from older sources is lower, gas imported from Canada declined last year by 4 percent, more U.S. natural gas is exported to Mexico, and many new natural gas-fired power plants have been constructed in the United States.Cove Point has just 1 bcfd of gas capacity, equivalent to supplying 3.4 million homes/day but some involved believe it will have a larger effect on the natural gas market than its capacity implies.Dominion expects to see 100 LNG ships dock at Cove Point in 2004, and is spending $187 million in restarting the plant. Dominion bought the plant from Williams Cos. in 2002.Cove Point is slated to reopen in April or May this year.
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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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