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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
State Lands Commission Blocks Southern California LNG Terminal
LCG, April 12, 2007--The California State Lands Commission blocked the development of a liquefied natural gas (LNG) terminal off the coast of Southern California earlier this week with a 2-1 vote to not approve a lease permit required for the project.
A spokesperson for the project sponsor, Australia's BHP Billiton LNG International Inc., stated that the terminal would supply an amount equal to ten to fifteen percent of California's daily gas requirements. The supplemental supply of natural gas would be received by tankers from overseas and would improve reliability and potentially lower gas prices. BHP was uncertain as to its next step, which could include pursuing legal action.
The proposed, $800 million facility would be located about fourteen miles off shore from Malibu and would have a capacity of 800 MMcf/day. The LNG would be received from tankers and vaporized at the terminal. The natural gas would be transported via two, 24-inch diameter pipelines from the terminal and delivered into the gas transmission system of Southern California Gas Co.
The lease considered by the Lands Commission would have granted BHP the right to build and operate the pipelines. Commission Chairman John Garamendi voted not to award the lease permit because "serious questions remain about the project's safety and its potential impact on the environment."
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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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