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

Duke Unit Enters Irish Market

LCG, Nov. 1, 2001--A subsidiary of U.S. powerhouse power company Duke Energy Corp. has entered the Irish market, the Irish Times reported this morning.

Duke Energy International was one of four successful bidders in an auction of virtual power managed by Irish electricity regulator, Tom Reeves. The other successful bidders were the Bord Gis, the independent energy division of Ireland's Electricity Supply Board, and Energia, a subsidiary of the Northern Ireland energy firm Viridian.

Alfred Sorensen, president of the Duke unit, said his company wanted to get to know the Irish market, in anticipation of a developing electricity generation capacity. He said Duke purchased about 50 megawatts of capacity in the auction.

The paper said an ESB subsidiary purchased the maximum 240 megawatts, and cited an Energia source as saying the Ulster firm also acquired 240 megawatts. From this, the Irish Times deduced that Bord Gis purchase the remaining 70 megawatts of the 600 megawatts offered.

Sorensen said Duke had been assessing the Irish market for nearly a year. The company would have preferred to build a greenfield plant, but he said all options were open.

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