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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.
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Industry News
Day One at the PG&E Utility Bankruptcy Hearing
LCG, November 19, 2002Yesterday saw the first day of a hearing regarding the future of the Northern California utility Pacific Gas & Electric. PG&E, not to be confused with its parent company PG&E Corp., filed for bankruptcy last year during the California power crisis. The utility, which serves customers in the northern part of the state, could not manage to make enough return from retail electricity because of the high cost of wholesale power during the crisis. Other California utilities escaped bankruptcy proceedings, but all had hand power purchasing duties over to the state Department of Water Resources due to credit problems. Since first filing for bankruptcy last year, the utility has been facing off with the California Public Utilities Commission on how the utility should emerge from bankruptcy. Creditors to the utility had an opportunity to vote on two plans presented by the CPUC and the utility respectively. The vote was to be considered by U.S. Bankruptcy Court Judge Dennis Montali. Since the resulting vote was not unanimously in favor of the utilitys plan, a hearing began yesterday regarding PG&Es future.Yesterday, the CPUC began presenting its bankruptcy plan for PG&E to a packed courtroom. The commission wants to use $500 million in preferred stock, in addition to other securities, to repay creditors. The CPUC would also guarantee that the utility could keep its retail price high enough to produce consistent revenue. While the CPUC plan gets criticism for being vague, the PG&E plan requires the preemption of several state laws; PG&E hopes to win approval for the creation of four new companies, three of which would fall outside of the regulatory reach of the CPUC.
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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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