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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 Files for Chapter 11 Bankruptcy
LCG, Dec. 3, 2001--Enron Corp., collapsing like a house of cards, filed for Chapter 11 bankruptcy yesterday and, at the same time, sued Dynegy Inc. for $10 billion for walking away from a deal to acquire Enron.Enron filed for Chapter 11 reorganization in U.S. Bankruptcy Court for the Southern District of New York, and filed suit against Dynegy in the same court. In addition to seeking the $10 billion in damages, Enron asked the court to declare that Dynegy is not entitled to exercise its option to acquire Enron's Northern Natural Gas Pipeline.In a statement, Kenneth L. Lay, Enron's embattled chairman and chief executive, insisted in spite of growing evidence to the contrary that "From an operational standpoint, our energy businesses-including our pipelines and utilities-are conducting normal operations and will continue to do so."Dynegy responded this morning to Enron's lawsuit with a suit of its own, seeking to protect its option to purchase Northern Natural Gas Pipeline.Chuck Watson, Dynegy's chairman and chief executive, said "This morning in Houston, Texas, Dynegy filed a lawsuit against several Enron subsidiaries which are not in bankruptcy. This suit demands these companies live up to their obligations."When Dynegy and Enron announced their merger on November 9, Dynegy advanced $1.5 billion to Enron and was given as collateral shares of preferred stock which constitute an option to purchase the 500-mile pipeline. Last Thursday, Dynegy chose to exercise that option.Watson characterized Enron's suit to block the pipeline deal as "frivolous and disingenuous."
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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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