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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
CA Regulators to Vote Today on Rate Hike Revenue
LCG, October 24, 2002-The CPUC will vote today on whether or not to allow California utilities to use rate hike money for purposes other than buying electricity.Last year the California Public Utilities Commission permitted Southern California Edison and Pacific Gas and Electric utility to increase their retail electricity rates by a total of $0.04 per kilowatt-hour in order that the utilities meet some of their debt payments. In January last year, the CPUC allowed a one cent increase, and in March of last year, an additional three-cent increase was allowed, after which Pacific Gas & Electric utility declared bankruptcy.The CPUC passed these "overcollections" because the mandated price of retail power was not high enough during the energy crisis of 2000/2001 to cover the cost of wholesale power, and the utilities were having trouble staying out of the red.CPUC President Loretta Lynch came out with a proposal to allow the utilities to do whatever was needed with the revenue from the two rate hikes; currently the utilities must use overcollections to purchase power. The spot price of wholesale power has been below retail rates for over a year, and Lynch's proposal is intended to allow some of the revenue from overcollections to be used to restore the utilities' financial health.The utilities clearly support the plan, which offers them more freedom to spend ratepayers' money where it is needed. Consumer advocates, however, such as those from the Utility Reform Network, call it the "it's our surcharge and we'll do what we please with it" decision.
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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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