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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
Nevada Power Files Appeal on Pricy Long-Term Contracts
LCG, Apr. 12, 2002--Utility Nevada Power, which had indicated that it could face bankruptcy unless it received approval to recover costs incurred for long-term power purchases, yesterday filed an appeal with the District Court in Carson City to overturn an unfavorable, unanimous rate ruling by Nevada's three-member Public Utilities Commission.The PUC ruling allowed Nevada Power to recover $485 million out of $922 million requested. Regulators determined that purchases by the utility made during last year's Western power market crisis were imprudent. The utility signed long-term contracts at prices of up to $172 per megawatt-hour.Nevada Power, which also plans to appeal directly to the PUC for another hearing on the matter, filed the appeal with the District Court in the hopes that it could obtain a judicial order granting its request. Attorneys for intervenors do not see a strong possibility that a judge would be likely to disagree with the commission's findings.Andrea Smith, a spokesman for Nevada Power said, "we believe the company and community are at risk. We're going to pursue whatever remedies are available to us, and this is one of those remedies." Suppliers and creditors of Nevada Power such as Reliant Energy are seeking their own risk-protection in the form of cash payments, letters of credit or collateral for new power-purchase contracts.
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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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