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News
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LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.
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LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.
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Industry News
Burning Gas Not as Profitable as Selling It, Users Find
LCG, Dec. 12, 2000--The skyrocketing price of natural gas has put some companies in the position of having an inventory of gas that is more valuable than the merchandise the gas would be used to create.Terra Industries Inc., an ammonia, urea and methanol manufacturing company, said it had shut down of one of the two sets of ammonia and upgrading plants at its Verdigris, Okla. facility.Michael L. Bennett, chief operating officer of the company, said "The natural gas price increase since our December requirements were purchased for Verdigris permitted us to sell a portion of those purchases and generate higher gross profits than could be realized from selling the products manufactured with the natural gas."Mississippi Chemical Corp. is betting natural gas prices come back down, so it sold all of its natural gas futures contracts in order to take advantage of the opportunity provided by the unprecedented high prices. The company said it made a pre-tax gain of $16 million on the sale."We remain committed to the nitrogen business and our customers, but we also have to takeadvantage of opportunities to optimize cash flow during these challenging times. It is our belief thatthe current unprecedented natural gas prices are unlikely to be sustained during the intermediateterm," Charles O. Dunn, Mississippi Chemical's chief executive, said.Seneca Resources Corp. of New York, a subsidiary of National Fuel Gas Co., said it had temporarily suspended steaming operations in a California oilfield so it could sell the natural gas used to create the steam.Steam is injected into oil wells to heat up the crude and improve its flow capabilities. By suspending the steaming operations, Seneca says it can sell the unused gas at a profit of about $31,500 per month.Too bad electric power can't be stored.
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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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