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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
China Will Use Gas from Australia and Indonesia
LCG, August 12, 2002-China will obtain $1 billion in liquefied natural gas (LNG) annually from Australian and Indonesian sources, as announced last week Thursday.China chose British Petroleum, which controls the Tagguh gas field along with Indonesian partner Pertamina, to supply an as-yet-unconstructed LNG terminal in Fujian, a southern Chinese province. No specific financial amounts have been reported, but it is estimated that the contract is for $500 million annually.The Australian consortium ALNG has also reportedly signed a 25-year contract with China. The gas, 3 million tons a year, will be used to power the southern province of Guangdong via an already-constructed LNG terminal. In 2008 the annual supply will increase to 5 million tons.ALNG includes Woodside Petroleum, BHP Billiton Petroleum, BP Developments Australia, Chevron Texaco Australia, Shell Development Australia, and Japan Australia LNG. According to Australia's Prime Minister John Howard, the agreement is the largest individual export contract Australia has made.The contracts are an indication of China's deliberate shift from coal to other energy sources, a noteworthy decision for a country which has a history of strong if perhaps dogmatic self-sufficiency.
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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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