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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
Indeck to Try Again with North Chicago Plant
LCG, Aug. 3, 2001Power plant developer Indeck Energy Services Inc., rebuffed last year in an attempt to gain approval for a new power plant in Libertyville, Ill., is trying again in Round Lake, about 10 miles away. Both towns are suburbs on the north side of Chicago.At Libertyville, Indeck ran up against "not in my backyard" opposition from the Lake County Conservation Alliance, which promises to give the Round Lake plan a battle."The only thing that's for sure with these plants is the pollution," said Susan Zingle, executive director of the group. "These plants emit tons of nitrous oxide, a precursor to smog, sulfur dioxide and volatile organic materials."But Mayor Bill Gentes of Round Lake thinks the 300 megawatt peaking plant, which would be built in an industrial park, would be a good addition to his community.Indeck would buy the industrial property on which the plant would be sited, give the land to the village and lease it back for $400,000 per year for 20 years. Gentes said the $400,000 would pay up to 15 percent of Round Lake's annual budget.Indeck would also pay the financially troubled Round Lake school district $200,000 per year for the next 20 years, he said. The school district would also get another $50,000 per year in property taxes, Gentes added."This will help the entire Round Lake area community. We're all affected by the (school district) 116situation," Gentes said. "I thought it was very, very important that we have found an avenue to bringadditional revenue into the bank accounts of District 116. That's one of the best things we can do."School district Superintendent Mary Davis said she is aware of the negative issues surrounding power plant proposals, but added any new forms of revenue for the district would be welcomed. "When you think of $200,000 what comes to my mind right away is seven teachers. That's what counts," Davis said. "It's nice to see the village go into a negotiation process thinking of what could be given to the district."Not everyone is in favor of the plant. Lake County board member Bonnie Thomson Carter, whose district includes part of Round Lake, said "I have a great many concerns about the impacts the peaker plant will have on the local community," said Thomson Carter, of Ingleside. "The power companies try to be the good guy and will be a friend to the village, yet the environmental impact and the health and safety of the residents are more important, in my opinion."Gentes said he and the village board will consider both sides of the issue. "A healthy discussion of ideas is important," he said. "I'm doing this because I think the community needs it, and wants it. If the community says, 'no, Bill,' and the trustees get that feeling, then we'll vote against it."
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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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