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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
Freeport LNG Files FERC Application for Proposed Fourth Liquefaction Train
LCG, June 30, 2017--Freeport LNG Development, L.P. (FLNG), yesterday announced the filing of a formal application with the Federal Energy Regulatory Commission (FERC) for authorization to site, construct and operate a fourth liquefaction train (Train 4) at its liquefied natural gas (LNG) export facility located near Freeport, Texas. FLNG also announced that it was starting the front-end engineering and design (FEED) for Train 4. The proposed Train 4 is being designed with a nominal production capacity of 5.1 million tonnes per annum (mtpa). Freeport LNG expects to commence construction of Train 4 by the end of 2018, with operations commencing as early as 2022.
The Chairman and CEO of Freeport LNG stated, "With today's initiation of formal FERC review and commencement of FEED work, Freeport LNG is moving forward with the final stages of Train 4 development. Following closely on the heels of our successful development of the initial three trains of the Freeport Liquefaction Project, Train 4 will position Freeport LNG to supply the next wave of U.S. Gulf Coast LNG."
The initial three liquefaction trains of the Freeport Liquefaction Project are currently under construction and are scheduled to commence operations sequentially between the fourth quarter of 2018 and the third quarter of 2019. Construction on trains one and two started in November 2014. The first three trains will add approximately 15 mtpa of nominal liquefaction capacity to the Quintana Island terminal facilities.
Domestic natural gas will be transported via pipeline and pretreated near Freeport LNG's existing metering, compression and underground storage facilities. The pretreated natural gas will then be delivered to the terminal through Freeport LNG's existing gas pipeline. At the terminal it will be liquefied and then stored in full-containment LNG storage tanks. LNG will be exported from the terminal by LNG carriers arriving via marine transit through the Freeport Harbor Channel.
Approximately 13.4 mpta of the production capacity from the first three liquefaction trains has been contracted under use-or-pay liquefaction tolling agreements with Osaka Gas Co., Ltd., JERA Energy America LLC, BP Energy Company, Toshiba Corp. and SK E&S LNG, LLC.
The original Freeport LNG facilities were designed and installed to import LNG to the United States in response to forecast declines in domestic natural gas supplies. Construction on the import project started in January 2005 and was completed in June 2008. With the tremendous growth in domestic shale gas production, Freeport LNG began to develop the liquefaction project in 2010. Construction started in late 2014.
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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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