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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 Mothballed
LCG, February 9, 2007--Anadarko Petroleum announced Tuesday that it has written off its investment in the Bear Head LNG project, a proposed liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The company stated that it has taken a $111 million charge against its fourth quarter 2006 earnings for the previously planned terminal.
Anadarko Petroleum stated that it was unable to obtain a long-term gas supply and will now mothball the $500 million project. In July 2006, Anadarko announced that it planned to sell Bear Head LNG Corporation, the wholly owned subsidiary developing the project, but that transaction did not come to fruition.
The Bear Head LNG project was designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which was to be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase was scheduled to be operational in late 2008. A second phase of the project was anticipated that would increase the sendout capacity to 1.5 Bcf/day.
The Environmental Assessment was approved in August 2004 and construction was initiated in October 2004.
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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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