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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's Cove Point LNG Export Project Achieves Production Milestone
LCG, February 1, 2018--Dominion Energy Cove Point (DECP) announced yesterday that it has begun producing liquefied natural gas (LNG) with its newly constructed liquefaction facility undergoing commissioning in Lusby, Maryland. All major equipment has been operated and is being commissioned following a comprehensive round of testing and quality assurance activities. The facility is expected to enter commercial service in early March.
Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and will off-take by ship the LNG that is produced.
Once commissioning is complete, DECP will produce LNG for ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD under 20-year take-or-pay contracts. DECP's liquefaction facility has a nameplate capacity of 5.25 mtpa of LNG.
Dominion Energy Cove Point Terminal is located on the Chesapeake Bay in Lusby, Maryland, south of Baltimore, where it is accessible to transport vessels to export (or import) LNG. The location also has pipeline access to many natural gas supplies, including the Marcellus and Utica shale plays, which are two of the largest natural gas basins in North America.
Construction of the liquefaction facility for export began in October 2014, following more than three years of federal, state and local permit reviews and approvals. With a cost of $4 billion, it is the largest construction project ever thus far for Maryland and for Dominion Energy.
Cove Point was originally built in the 1970's by Consolidated Natural Gas Company, parent of what is now Dominion Energy Transmission, and they partnered with the Columbia Gas System to receive, store and process supplies of LNG from tankers.
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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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