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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
Work on India's Dabhol Power Plant Halted
LCG, June 18, 2001Dabhol Power Co., the embattled $2.9 billion power project in western India owned 65 percent by Enron Corp. of the U.S., said yesterday that work on its 1,444 megawatt phase two had been halted because of uncertainty over funding.In a terse statement, the company said "The DPC received notice today that the construction contractors have terminated further work on phase two of the Dabhol power plant." Phase two of the plant has been scheduled to begin commercial operation later this month.Almost since the 740 megawatt phase one of the facility began production last year, Dabhol has been in constant dispute with its sole customer, the Maharashtra State Electricity Board, over payment for power sold to the state-owned utility. At first, the MSEB simply dragged its feet over paying its bills, forcing Enron to invoke state and federal guarantees. More recently, the MSEB has been trying to back out of contracts it signed with Enron in the mid-1990s.In the Dabhol statement, managing director Wade Cline said the project's lenders found it "near impossible" to continue funding the nearly-complete second phase. "Since the contractors cannot continue to work without payment, they have terminated their construction contracts," Cline said. "These actions are a direct consequence of the MSEB and governments' failure to live up to their commitments."Dabhol said "Given the ongoing defaults by MSEB, we anticipated the contractors' termination. Consequently, DPC is implementing prior plans to care for and preserve Phase II of the plant pending a resolution of the dispute." The company said it was "committed to finding lasting solutions" to the disputes. "In the interim, DPC will continue to abide by the PPA, meet contractual obligations, enforce its rights under contracts and take various disputes to the contractually defined dispute resolution process," the Dabhol statement said.
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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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