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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
Fusion Project Gets European Union Backing
LCG, Feb. 25, 2002--The European Union will provide €750 million ($652 million) in funding for a working fusion power station expected to be built over 10 years.The overall cost of the project is anticipated to be &8364;4 billion ($3.48 billion). Britain's head of the Office of Science and Technology, Professor David King, said recent progress on fusion, considered a clean version of nuclear power using deuterium, changed his status to from being "one of the skeptics" to a supporter. He said, "I'm still talking 25 years before we see the first fusion power station. I think that the demand worldwide at that stage for a highly efficient energy source is going to be enormous."Fusion has faced considerable skepticism from scientists, but research into it has continued due to the possibility of releasing more output of energy than is provided to start a reaction. The Joint European Torus (JET) project near Oxford achieved a fusion reaction which yielded 90 percent of the power consumed.Countries within and outside the European Union, such as France, Canada and Japan, are likely to submit bids for the building of the power station, called Iter, or in Latin, "the way."
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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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