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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
PSEG Power Acquires Natural Gas-Fired Power Project in Maryland
LCG, June 18, 2015-PSEG Power announced today that, through its wholly-owned subsidiary PSEG Fossil, it has acquired the 755-MW Keys Energy Center project from Genesis Power, LLC and an energy-focused private equity fund managed by Ares EIF Management, LLC. The natural gas-fired, combined-cycle project, located in Prince George's County, Maryland, represents an investment of $825 - $875 million.
Construction on the project is scheduled to begin this year, with the plant operational and supplying capacity and energy in 2018. PSEG Fossil will oversee construction, operate and maintain the combined-cycle facility, which will incorporate two gas-fired turbines and one steam turbine. The project is located near Brandywine, Maryland.
The Keys Energy Center will connect to the Potomac Electric Power Company (PEPCO)/PJM 500 kV transmission line that is adjacent to the property. No new transmission lines are necessary, and a major interstate natural gas pipeline is nearby to deliver fuel to the power plant.
PSEG Power's president and COO stated, "The new plant offers a strong operational and financial fit for PSEG Power's balanced generation portfolio and will expand our footprint in our core PJM market. This is an opportunity to add to the reliability of the energy grid, provide clean energy to Maryland and create new jobs and economic activity locally and within the region."
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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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