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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
Enron's Dabhol Power, Lenders to Meet in London
LCG, Nov. 27, 2001--Dabhol Power Co., the huge power project in India that is 65 percent owned by Enron Corp. of the U.S., will meet with its lenders in two separate meetings in London this Friday and Saturday and may decide the fate of India's largest foreign investment.The meetings will consider proposals which would allow Dabhol to terminate its agreement with the Maharashtra State Electricity Board. Enron had issued a preliminary notice of termination last May with a deadline of November 19, but a Bombay court, acting on an appeal by Indian lenders, asked Dabhol to withhold a notice of termination until December 3.The Indian financial institution feared that if the contract with the MSEB were terminated they would have little chance of recovering the $1.4 billion they have advance the $2.9 billion project.Non-Indian lenders, led by Citibank and Bank of America, both of the U.S., will meet Friday to consider giving Dabhol their permission to issue the notice of termination. Also on Friday, the Dabhol board will meet in London to consider giving the project's management authority to issue the notice of termination.Enron, which owns 65 percent of Dabhol, and two other U.S. firms, General Electric Co. and Bechtel Enterprises -- each with 10 percent -- are fed up with doing business in India and would like to exit the subcontinent.Their departure would be a blow to India's 10-year-old electricity sector reform program, which had already seen the departure of five other foreign companies which cited bureaucratic delays and legal wrangling as a steady diet when doing business in India.If Dabhol issues its final notice of termination, the brouhaha would move to international arbitration to resolve arguments over damages.
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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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