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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
Bear Head LNG Project Gains Momentum
LCG, August 24, 2005--CB&I announced yesterday that it was awarded a lump-sum contract valued at over $100 million for the design and construction of storage tanks for the planned liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The facility will be owned and operated by Bear Head LNG Corporation, a subsidiary of Anadarko Petroleum Corporation.The Bear Head LNG project is designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which will be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase is scheduled to be operational in late 2008. A second phase of the project may be added that would increase the sendout capacity to 1.5 Bcf/day.CB&I will be responsible for turnkey engineering, procurement and construction of two LNG storage tanks. Engineering and procurement activity for the project is already under way. The Environmental Assessment was approved in August of last year. With natural gas prices generally at all time highs, LNG projects continue to gain momentum. Last month, the Federal Energy Regulatory Commission (FERC) approved the proposed Ingleside LNG terminal, with a design capacity of 1 Bcf/day. The project site is on the shore of Corpus Christi Bay, Texas, and is owned by Occidental Chemical Corp.In June, the FERC approved the construction of the Vista del Sol LNG Terminal, which will also be located along the Gulf of Mexico near Corpus Christi, Texas. Proposed by affiliates of ExxonMobil, the design capacity is 1.1 Bcf/day. Furthermore, the Commission approved On June 30 the Weavers Cove LNG terminal, to be constructed in Fall River, Massachusetts, and the Golden Pass LNG Terminal and Golden Pass Pipeline, which are to be constructed in Texas and Louisiana.
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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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