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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
California Power Costs put Utility $1.97 Billion in Hole
LCG, Sept. 26, 2000--The inability of Southern California Edison Co. to charge customers for the full cost of electric power the company delivers has put the utility $1.97 billion in the hole, according to an 8-K filing with the Securities and Exchange Commission by its parent Edison International Inc.Because of electric industry restructuring in California, SoCal Ed sold off its power plants, except for the San Onofre nuclear power plant, and must by law purchase power through the California Power Exchange, where it pays market prices. The same law that restructured the industry placed a lid on the price SoCal Ed can charge its customers for electricity.The utility pays the higher price at the power exchange and charges the lower price to its customers, a problem that began in May and will continue at least through this month.SoCal Ed says that its ability to get its $1.97 billion back depends on favorable regulatory actions, as well as such iffy things as weather, the market prices of natural gas and electricity and economic conditions in general.If it looked like the company was not going to be able to recover the undercollection, it would be required to write off the unrecoverable portion as a charge against earnings. In that case, the company's shareholders -- even those living in Vladivostok -- would be subsidizing California consumers.
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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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