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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.
Read more
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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
Rising Costs Lead Westar to Defer Decision on New Coal-fired Power Plant
LCG, December 29, 2006--Westar Energy Inc. announced that it plans to defer selecting a site for a new, 600-MW electric generating station due to significant increases in the estimated cost of the coal-fired facility. The company had previously expected to make the site selection by the end of 2006.
The estimated cost has increased from $1 billion to $1.4 billion since the plant was announced in May 2005. With the higher cost, the project is no longer necessarily the low-cost supply to serve the utility's growing demand for electricity in Kansas.
Duke Energy has had similar facility cost increase issues with its planned upgrade and expansion of its Cliffside Steam Station in North Carolina. In May 2005 Duke filed an application with the North Carolina Utilities Commission that included the addition of two, 800-MW coal units. Late this year, Duke announced that the estimated cost has increased from $2 billion to $3 billion. Due to the roughly fifty percent increase in the estimated cost, the Commission has scheduled additional hearings to begin January 17, 2007.
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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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