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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
Japanese Firms to Build Thailand's Biggest Power Plant
LCG, Aug. 17, 2001--Japanese utility Chubu Electric Power Co. and two of Japan's large trading houses, Toyota Tsusho Corp. and Tomen Corp., agreed yesterday to develop the largest power plant in Thailand.The three companies will be the lead investors in Union Power Development Co. Ltd., which will build and operate the 1,400 megawatt coal-fired plant in the Hin Krut district 235 miles southwest of Bangkok."It is the first time Tomen, Toyota Tsusho and Chubu Electric have joined forces on a project," said Chubu spokesman Hideo Nakanishi. "And it is the first time for our company to develop a power plant abroad." Chubu is Japan's third largest electric utility.Joining the three Japanese firms will be the Saha Union Group of Thailand and other investors. Initial investment in Union Power will be on the order of $300 million, with eventual cost of the facility estimated at $1.4 billion. Financial institutions in Thailand and Japan are expected to fund $1 billion of the cost.Construction of the huge plant is slated to begin next April with commercial operation expected in October 2005. Union Power has a 25-year contract with the Electricity Generating Authority of Thailand for the plant's output."After the financial crisis in Southeast Asia, demand for electricity dropped but the economic situation in Thailand is improving and last year demand for power grew by eight percent," said Tomen spokesman Hiroaki Nagashima, pointing to optimism surrounding the investment."I think it will grow more in the future," he added, predicting that Tomen would invest in similar projects across Asia.Tomen leads the joint venture with a 34 percent stake, Toyota Tsusho and Chubu Electric each holds 15 percent while the Thai group and other investors own the remaining 36 percent.
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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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