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News
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LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.
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LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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Industry News
Federal Regulators Order Energy Companies to Come Clean
LCG, May 9, 2002--Over a hundred power companies were ordered to state whether or not they used any of the trading strategies conveyed in Enron legal counsel memos at the time of the California the energy crisis. The Federal Energy Regulatory Commission (FERC) made the order Wednesday. Tuesday saw the release of memos linking Enron to the California energy crisis of 2000/2001. The memos demonstrate some 12 specific strategies used to manipulate the California energy market and included phony congestion and price inflation by selling out-of-state. The memos, sent to Enron executives on law firm stationery, said that other energy traders had followed suit and were using the same strategies. The companies have to cooperate and guarantee that they did not use the 12 strategies by May 22 or face drastic penalties from FERC. One possible penalty, suggested by Donald Gelinas, FERC associate director of markets, is losing the ability to buy or sell wholesale electricity. Others have joined in the investigation; House Democrats asked Republic Billy Tauzin, head of the House energy committee, to look into other energy companies possibly involved in questionable practices and criticized him for abandoning California during the crisis. Washington Senator Maria Cantwell-D plans to submit a motion demanding that FERC judge long-term contracts unfair and up for renegotiation. The Bush Administration, which had criticized price caps and refused to help during the California energy crisis, has turned around to say it brought the California crisis to an end by appointing two new FERC commissioners. After Tuesday's release, White House spokesman Ari Fleischer said that the administration fully supports "vigorous" investigation. Before any evidence of this order came up, California Attorney General Bill Lockyer had filed several lawsuits against energy companies. FERC has also ordered power companies to preserve all trading records.
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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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