EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

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

Industry News

TXU Sells English Power Plant to International Power

LCG, June 11, 2001International Power, the British electric generator created with the breakup of National Power, said this morning it will pay TXU Europe 200 million ($277 million U.S.) for the 1,000 megawatt Rugeley Power Station near Birmingham in central England.

Under the deal, the European arm of Texas electric company TXU Corp. will continue to provide coal for the Rugeley plant and purchase the power station's output. The tolling agreement lasts through the end of 2005.

Peter Giller, chief executive of International Power, said "We are pleased to acquire this efficient coal facility, which will give us a reliable medium-term earnings contribution under the tolling agreement."

In a joint statement, the companies said International Power would pay one-third of the selling price upon closing of the deal, which is expected later this month, and the balance within six months. The companies also said there would be no job losses as a result of the transaction.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service