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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
PG&E Promises Repayment to Creditors
LCG, June 8, 2001--PG&E officials on Thursday told a group of creditors and lawyers representing a portion of those individuals and businesses with claims against the company that outstanding bills would be paid by the utility under a Chapter 11 bankruptcy plan.According to PG&E, major creditors with large claims such as power plant owners and banks are owed 90 percent of the utility's debt to unsecured creditors. This 90 percent stands at about $9.6 billion. Smaller creditors with claims of $10,000 or less might be paid before the other creditors, although Jim Lopes, PG&E's lead bankruptcy attorney said, "We may in fact treat small creditors differently and more expeditiously, but I can't guarantee anything."The recent rate change for PG&E's customers has meant that its ability to buy wholesale power has improved, with the state assuming 41 percent of new charges.Lopes, speaking at the meeting made mandatory by federal bankruptcy laws, said that while the company would like to emerge out of bankruptcy "as soon as we possibly can," the company's bankruptcy plan is not expected to be presented prior to September 5th. The assembled group of six officials of PG&E were resolute on the transfer of approximately $3.9 billion from the utility to the corporate parent, PG&E Corp.
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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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