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News
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LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.
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LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.
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Industry News
York Research Defaults on Bonds, Ousts CEO
LCG, Oct. 31, 2001--Renewable energy firm York Research Corp. said yesterday that the $10,345,000 payment due under terms of $150 million of bonds issued by York Power Funding (Cayman) Limited would not be made.The company said that failure to make the payment, which was due yesterday, before November 9 would constitute default and allow the bonds' trustee to exercise remedies against the collateral put up for the borrowing.The collateral consists of York's interest in its Trinidad Project, Big Spring Project, Brooklyn Navy Yard Project and Warbasse Project.York also said it had over the past 18 months used for its general corporate purposes about $17.5 million in revenues generated by the Trinidad Project, which was a violation of bond covenants.As a result of these problems, Robert M. Beningson has been sacked as chairman, president and chief executive and was placed on unpaid leave of absence. Executive Vice President Robert C. Paladino has agreed to take over Beningson's functions.
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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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