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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
Heat Leads to Mid-Week CA Stage 2 Emergency
LCG, July 12, 2002--A heat wave affecting California Wednesday caused a surge in demand and a Stage 2 power emergency.The greatest demand yesterday occurred at around 3 P.M., when the Independent System Operator recorded load of 42,441 megawatts. This peak excluded the Sacramento Municipal Utility District service area, which reached a record 2,779 megawatts, beating the July 12, 1999 record of 2,759 megawatts. The Stage 2 emergency called by the Independent System Operator meant that reserves had fallen below 5 percent."We're not out there saying, 'Just forget it, we won't have any blackouts,' " William Keese, chairman of the Caifornia Energy Commission, told the Sacramento Bee. "(But) all things combined... we should be fine." 3,000 megawatts of new capacity have come online in California in the last two years.In order to obtain the necessary power, the Department of Water Resources made spot-market power purchases, which accounted for 12 percent of total DWR needs. The Western states, including Nevada were generally affected by a heat wave, decreasing the likelihood of obtaining power from out-of-state.Although no power emergency was projected on Tuesday, a Stage 1 was imposed when reserves fell below expectations.The heat being experienced by California is atypical. Governor Davis, although he is neither a meteorologist nor an historian, told a radio interviewer that the last time the state had experienced similar temperatures was in 1913. "This is unusally hot weather up and down the state, and our resources are being severely tested," he said.
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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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