|
News
|
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.
Read more
|
|
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.
Read more
|
|
|
Industry News
Lawsuit Filed Against Traders, Index Publisher
LCG, Nov. 25, 2002--Following testimony by a former energy trader and developer of related price indexes before a California senate committee, the state's liutenant governor, Cruz Bustamante, has filed a lawsuit over a pattern of false reporting of prices to an industry journal.The class-action lawsuit seeking unspecified damages for ratepayers says that the indexes were known by industry insiders to incorporate trade data that were submitted in order to provide benefits to the companies involved, based on their contract positions. Michele Markey, a former employee for Platts, a McGraw-Hill unit that publishes Gas Daily, agreed to testify in response to a subpoena, with the condition of immunity from prosecution. Markey said that in discussions with those familiar with the system of anonymous reporting, "no one acted shocked about the topic."According to the lieutenant governor's filing, the publishers of Gas Daily and Inside FERC Gas Market Reports, both under Platts, "These defendants conspired with the other defendants named herein, knowingly reporting false information, and employed absolutely no means to verify information given them by the market participant defendants." Markey testified that some systems to check the accuracy of prices were used, but that individuals reporting prices could have nonetheless managed to submit false prices successfully. Trades are not published individually but as part of indexes used by buyers and sellers to determine contract settlement terms.Traders at some companies, including American Electric Power Co., Dynegy, CMS Energy, El Paso Corp. and Williams Cos. have verified that according to their own investigations, traders working for them seem to have made false reports to publishers. The lawsuit names as defendants McGraw-Hill, El Paso Corp., Sempra, Williams Cos., American Electric Power Co., Aquila Inc., Reliant Resources, Inc., Duke Energy Corp., Dynegy Inc., and Mirant Corp.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
