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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
El Paso Electric Agrees to Refunds Related to Manipulation
LCG, Dec. 6, 2002--An investigation by the Federal Energy Regulatory Commission into transactions involving utility El Paso Electric's generation portfolio has resulted in the company stating that it was connected with Enron Corp.'s efforts to distort the California electricity market.According to a document exchanged between company attorneys and FERC trial lawyers, El Paso Electric stated that Enron used the utility's assets to carry out manipulation schemes, such as "Fat Boy", and possibly "Ricochet." As part of a proposed settlement, El Paso Electric would pay $14 million in refunds and discontinue trading of wholesale power at market rates for two years. The company, which owns generating plants in west Texas and southern New Mexico, is not connected with El Paso Corp., a larger, natural gas firm.The settlement may be rejected or modified, subject to the response of an administrative law judge and FERC representatives. The case has implications for ongoing investigations by California. Gov. Gray Davis' deputy legal affairs secretary, William Kissinger, said "We can't judge whether this is a slap on the wrist or a pinch or something more than that. It's a black box."Enron and El Paso's business dealings gained in significance in 1997, when Enron essentially took control of the utility's trading arm. While the utility provided only 0.3 percent of needed wholesale power to the California Independent System Operator, Enron may have exacerbated the energy crisis of 2000 and 2001 by having power available, although unsold or "parked", until it decided to offer power to the desperate ISO at much higher rates. Other companies with previous ties to Enron are being investigated for what may be similar dealings.
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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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