EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

Spain's Fenosa to Buy Two AES Power Firms

LCG, Aug. 31, 2000AES Corp. of the U.S. said yesterday it would sell as planned two Colombian power companies to Unin Fenosa, Spain's third-largest electricity generating company. Fenosa will pay $235 million for the companies.

AEC acquired the two Colombian firms when it bought Venezuela's Grupo EDC earlier this year in what began as a hostile takeover bid. Fenosa, which initially contested AEC for EDC, agreed to back off in exchange for the right to buy the regional power company Epsa for $100 million and another, Electrocosta-Electricaribe, for $135 million.

In addition to buying Epsa and Electrocosta-Electricaribe, Fenosa will exercise an option to purchase Genevapaca, a Venezuelan refinery power supplier, for a price to be agreed upon at a later date.

The properties in Colombia cost EDC about $555 million when they were acquired in 1997, but have proved to be a headache because of guerilla activity and governmental red tape.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service