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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
Dominion Reviving Maryland-based LNG Terminal
LCG, July 22, 2003--The Cove Point liquid natural gas terminal in Maryland is being brought back into operation by Dominion Resources Inc., which is also considering expanding LNG operations to serve the "interstate pipeline grid," the company announced.The terminal was shut in 1980, when LNG prices were prohibitively low. Dominion purchased the Cove Point facility from williams Cos. for $217 million last year, and has also spent $180 million to resuscitate it. Long-term agreements with BP Plc, Royal Dutch/Shell Group and Statoil ASA of Norway, which ship LNG, have been signed.Cove Point is equipped with berths to convert frozen natural gas, stored 270 degrees Fahrenheit below zero, back into gaseous form from two tanker ships simultaneously. The LNG expands in volume by 600 times. The facility can release 1 billion cubic feet of gas daily, and can keep what amounts to 5 billion cubic feet of gas on-site. Plans are under consideration to add another tank, which would be able to hold LNG equivalent to 2.5 billion cubic feet of gas.
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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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