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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
Panda Power Funds Announces Financing Milestone for the Hummel Station Combined-Cycle Project in Pennsylvania
LCG, October 29, 2015-Panda Power Funds announced yesterday that it has completed financing for the 1,124-MW Hummel Station power project in central Pennsylvania. The gas-fired project is expected to supply load centers, including Philadelphia and New York City and is scheduled to achieve commercial operation in the first quarter of 2018.
The Hummel Station project will be constructed on the site of the recently retired, coal-fired Sunbury Steam Plant, located near Shamokin Dam in Snyder County, Pennsylvania. The new combined-cycle facility will occupy an 18-acre parcel of the 192-acre Keystone Opportunity Expansion Zone. The project site provides access to Marcellus Shale gas through the Marc I, Regency and Transcontinental regional gas pipelines. The new plant will interconnect to the pipelines through a planned 35-mile lateral extension.
The power island will be provided by Siemens, and it will consist of three SGT6-5000F gas turbines, one SST6-5000 steam turbine, three SGen6-1000A air cooled generators as part of the gas turbine package, one hydrogen cooled SGen6-2000H generator as part of the steam turbine package, three NEM DrumPlus HRSGs and the SPPA-T3000 control system. Bechtel has been selected by Panda Power Funds to build the project.
Goldman Sachs, ICBC and Investec acted as joint lead arrangers for the senior debt financing of the plant, raising $710 million. Panda Power Funds is supplying equity for the project, together with large institutional co-investors, including Siemens Financial Services (SFS), which is investing $125 million in the Hummel Station project.
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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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