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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
Government Lifts Ban on Gas-Fired Generation
LCG, Nov. 15, 2000--British Secretary of Trade and Industry Stephen Byers said this morning he is ending the moratorium on building new natural gas-fueled electric power plants in the United Kingdom. He added that he has approved applications for six new plants with a combined capacity of nearly 5,000 megawatts.Byers emphasized that the six plants were in areas currently suffering from power shortages, adding that he expected the projects to generate 2 billion ($2.86 billion U.S.) in new investment." I am satisfied that the program of reforms of the electricity market set out in the government'sOctober 1998 White Paper is now substantially complete," Byers said in a statement. "I am therefore lifting the stricter consents policy on gas powered stations with immediate effect."The moratorium on gas-fired plants was imposed in response to threats of labor unrest by coal miners' unions who predicted that 5,000 "deep pit" jobs would be lost if natural gas replace coal as an electric generation fuel.Byers said the government would introduce a subsidy plan to support the coal industry and that the European Commission had approved a 110 million plan to help the industry.Byers approved the following power project proposals:- A 1,000 megawatt combined-cycle gas turbine plant to be built by Fleetwood Power Ltd. at Fleetwood in Lancashire.
- A 1,200 megawatt gas-fired combined-cycle plant to be built by Enron Europe at the Isle of Grain inKent, southern England.
- A 380 megawatt gas turbine combined-cycle plant proposed by AES Partington Ltd. at Partington in Lancashire.
- A 1,010 megawatt gas-fueled combined-cycle station to be built by Wainstones Power Ltd. near Plymouth in Devon.
- An 800 megawatt combined-cycle gas plant planned by ABB Energy Power Developments at Spalding in Lincolnshire.
- A 450 megawatt gas-fueled combined-cycle plant to be built by ABB Energy Power Developments Ltd. at Raventhorpe, near Scunthorpe in north Lancashire.
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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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