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

Peru Perseveres with Attempted Deregulation, Hydroelectric Sale

LCG, January 21, 2003-Peruvian officials intend to go through with the sale of a 30-year concession for a national hydroelectric power plant.

The concession sale of the 130-megawatt Yuncan hydroelectric plant, which is expected to be completed by 2004, had been postponed because investors wanted more time to consider the purchase.

Peru has been selling state energy assets in order to raise money, although many public protests have been staged in opposition to the sales. Many Peruvians believe that selling rights to vital energy assets to foreign parties will end in inferior service and environmentally unsound investment.

Peru's Finance Minister Javier Silva Ruete has averred that the concession will be auctioned off within 30 days.

Meanwhile, Peru has separated its government by region. Newly elected Raul Espinoza, as president of the Paso region where the plant will be located, opposes the sale because he worries about conflicts of interest between foreign investors and local people.

Belgian company Tractabel, U.S.-based Public Service Enterprise Group, and Peru's Volcan Compania Minera are all possible bidders for Yuncan. The base price has been set at $60 million.

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