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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
Mirant May Have Overstated 2001 by $253 Million
LCG, July 31, 2002-Mirant Corporation announced yesterday that it may have overstated assets and liabilities last year by $253 million due to unintentional error.Mirant said that a law firm hired to look at its 2001 accounts, King & Spalding, found that there were overstated accounts and overstated liabilities.The company had apparently overstated its liabilities by $100 million, its gas inventory by $85 million, and its accounts receivable by $68 million.The errors were initially detected when differences in assets and liabilities accounting could not be squared.In the wake of Enron's collapse, energy companies' shares have plummeted. Mirant has cut 700 jobs, sold $1.12 billion in securities, and sold nearly $1.6 billion in assets in the last 7 months.
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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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