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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
Cape Wind Project Secures $600 Million in Financing
LCG, March 5, 2014--Cape Wind announced last week that it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast. Danish export credit agency EKF approved the loan pending due diligence, and the new loan is the project's largest so far.
By the end of the third quarter, Cape Wind anticipates that the remaining financing will be secured. Initial operations and generation could commence as soon as 2016.
The 468-MW Cape Wind project will include 130, 3.6-MW wind turbines located in Nantucket Sound, Massachusetts. The offshore wind farm will connect to the power grid via a 66.5-mile, buried submarine transmission cable system.
The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.
In December 2013, Siemens and Cape Wind signed a major contract in which Siemens will supply Cape Wind its 3.6-MW offshore wind turbines, an offshore Electric Service Platform (ESP) and a service agreement for the first 15 years of commercial operations.
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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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