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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
Entergy Announces Agreement to Acquire 1,980-MW Power Station in Arkansas
LCG, December 10, 2014-Entergy Corporation announced yesterday that its subsidiaries, Entergy Arkansas, Inc., Entergy Gulf States Louisiana, L.L.C. and Entergy Texas, Inc. have signed an agreement to acquire the 1,980-MW Union Power Station from Union Power Partners, L.P., an independent power producer (IPP) that is wholly-owned by Entegra TC LLC. The purchase price of the plant is $948 million, and the target closing date is late 2015.
The Union Power Station is located on a 330-acre site near El Dorado, Arkansas and began commercial operations in July 2003. The natural gas-fired electric generating facility includes four, 495-MW combined cycle blocks. Each block includes two GE 7-FA combustion turbines with inlet air fogging, two Alstom heat recovery steam generators (HRSG) with supplemental duct-firing, and one GE single case, single flow axial exhaust condensing steam turbines.
The new acquisition agreement calls for both Entergy Arkansas and Entergy Texas to acquire one unit, and for Entergy Gulf States Louisiana to acquire two units. Furthermore, Entergy New Orleans will receive 20 percent of the output from the Entergy Gulf States Louisiana units via an at-cost purchase power agreement (PPA), which is subject to City Council of New Orleans approval.
Entergy's chairman and chief executive officer stated, "Our service territory is at the heart of an industrial renaissance that is built on competitive energy costs, low electricity prices and smart economic growth policies of our state governments. The acquisition of these highly efficient units at a price favorable to our customers will help us meet the increased demand and be a significant step in the ongoing modernization of our generating fleet."
The acquisition is contingent upon a number of factors, including obtaining necessary approvals and acceptable cost recovery from the various federal and state regulatory authorities.
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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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