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News
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LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.
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LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.
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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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