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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
High Prices May Have Resulted from Inaccurate Price Indexes
LCG, Oct. 18, 2002--The Commodity Futures Trading Commission (CFTC) is investigating how price indexes used to settle energy contracts may have been manipulated following disclosures by Dynegy and American Electric Power Co. (AEP) that they had falsified prices they provided to a prominent industry publication."Most contracts, directly or indirectly, are tied to one of these indexes," Arthur Corbin, president of the Mnicipal Gas Authority of Georgia, a gas purchaser, told Bloomberg. The indexes in question are developed through a survey of anonymous traders' data, used by Platts, a division of McGraw-Hill Cos. The actual prices at which specific company trades are made are not normally disclosed. Mirant Corp. and Reliant Resources Inc. have said that they are reviewing data submitted in the past to verify their accuracy.Platts has had its list of subscribers and names of employees who collect price information subpoenaed. According to Platts spokesman Jim Keener, his company is cooperating fully with the probe. The CFTC is seeking "any information that indicates any person's knowledge of false, inaccurate or otherwise incorrect pricing and volume information." The government is interested in determining if false information may have exacerbated the Western energy crisis of 2001.
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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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