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News
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LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.
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LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.
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Industry News
British Energy Struggles with Losses
LCG, Aug. 29, 2002--Losses experienced by British Energy through its power generation portfolio are serious enough to have led to the British government's holding high-level talks concerning possible government assistance.Operating losses have amounted to approximately $60 million in the fiscal year just past, up by 70 percent compared to losses in the previous fiscal year. British Energy was privatized in 1996, and supplies Britain with one-quarter of its power needs through eight plants, including highly efficient nuclear generators.Analysts say that part of its difficulties could be alleviated if it were not required to pay levies intended for climate control, as plants producing greenhouse gases do. Additionally, the effect of the collapse of Enron and the subsequent decline of liquidity and stricter credit control in the wholesale power market have dampened the potential for using derivatives for risk-management purposes.The Torness plant in Scotland has had to be closed, following malfunctions in key gas circulation turbines. The government is said to be considering a possible bailout and return to partial or full public ownership, although even the infusion of cash brought by such a bailout would not necessarily end the company's problems. "It's almost inconceivable that the government would let British Energy go into receivership," commented Roger Reynolds, at Credit Suisse First Boston, in the New York Times.
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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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