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News
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
Read more
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Industry News
Con Edison Asks Court to Cancel Northeast Merger
LCG, March 7, 2001Consolidated Edison Inc. beat Northeast Utilities to court yesterday, filing suit in U.S. District Court in New York, asking that actions by Northeast make that firm incapable of fulfilling terms of a planned merger between the two companies.Con Edison's $3.8 billion takeover of Northeast, announced in October 1999, began to unravel when Connecticut regulators approved the deal with conditions Con Edison said were "onerous." Last Wednesday, Northeast asked Con Edison to reaffirm in writing its intent to consummate the transaction and set a Friday deadline for an answer, later extending the deadline to Monday.Having not heard from Con Edison except through the press, Northeast said yesterday it would go to court to break up the planned marriage. Northeast had not yet filed suit last night, but said the Con Edison suit is without merit.In its suit, Con Edison claims a deal between Northeast's unregulated subsidiary, Select Energy Inc., and Connecticut Light & Power Co., a regulated utility subsidiary of Northeast, for more than 2,000 megawatts of power violates a "precedent" of the merger agreement.Northeast told Con Edison last September that it might not have enough electricity to fulfill the obligation, but now that power prices have risen significantly, it makes a bigger difference. "The current adverse exposure is material," Con Edison's lawsuit says.Con Edison said in its suit that there have been other "adverse" changes at Northeast since the merger was agreed to and, taken together, they represent a breach of the merger agreement.Michael G. Morris, Northeast's chief executive, has said throughout that his company is more valuable today than when the merger was announced.
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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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