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

LNG Terminal Proposal for Northern California Cancelled

LCG, Mar. 19, 2004--A proposed liquid natural gas terminal that Calpine Corp. hoped to build in Humboldt County, California's Humboldt Bay will not be pursued, following a meeting of the Eureka City Council, at which the majority of speakers voiced opposition.

Had the project gone ahead, it was to have started operations by 2011. The San Francisco Chronicle quoted Bill Highlander, a spokesman for Calpine, as saying, "We have withdrawn our plans. It became clear a majority of the community did not support the project, and community support for a project is very important to us."

Currently, there are four such terminals operating in the U.S. One of the reasons given for community opposition to Calpine's proposal, in addition to concerns over environmental damage to the bay, was the potential for an explosion at the facility. It is not known whether Calpine officials will pursue a similar project elsewhere in Northern California. In statements given before Congress, Federal Reserve Chairman Alan Greenspan has cited liquid natural gas imports as one way to raise the supply of natural gas, and respond to the increased use of the fuel for electricity generation and heating.
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