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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
Prairie State Energy Campus Gains New Developer
LCG, October 12, 2006--CMS Enterprises, a subsidiary of CMS Energy, announced yesterday that it has signed agreements with Peabody Energy to co-develop the Prairie State Energy Campus. The proposed electric generating station is located in Washington County, Illinois and is adjacent to the new Lively Grove Mine, which would supply low-cost coal directly to the plant. The plant is to include two, 800-MW units and is estimated to cost over $2.5 billion.
With the new agreements, CMS Enterprises and Peabody Energy will co-develop the project and each own 15 percent through a jointly owned limited liability company. CMS Enterprises will serve as lead developer and construction manager of the power plant, and Peabody Energy will serve as the lead developer of the Lively Grove Mine.
Peabody Energy also announced yesterday that it has entered into agreements with the Kentucky Municipal Power Agency (KMPA), the Missouri Joint Municipal
Electric Utility Commission (MJMEUC) and the Soyland Power Cooperative in
Illinois for the right to purchase an additional 6 percent equity share of
the Prairie State Energy Campus.
According to Peabody Energy, the agreements now give the project's partners the right to purchase a 53 percent equity ownership in the project. The agreements allow the cities of Columbia, Missouri; Princeton, Kentucky; and
Paducah, Kentucky and the rural members of Soyland to obtain electricity from the facilities. Other partners include the Indiana Municipal Power Agency (IMPA), Northern Illinois Municipal Power Agency and Wolverine Power Supply Cooperative.
The major permits necessary for construction of the Prairie State facility have been received, according to Peabody Energy.
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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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