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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
FERC and California Prepare for Long-term Contract Hearing
LCG, Dec. 12, 2002--The Federal Energy Regulatory Commission and attorneys for California have different views of how strong California's case is for overturning long-term contracts the state signed during the energy crisis.A brief developed and filed by FERC staff in preparation for hearings into $43 billion worth of contracts found that the state needs to prove that the long-term contracts were affected by prices in the soaring short-term market. California contends that spillover between the two existed. According to the Commission's brief, "CDWR [California Department of Water Resources] in fact renegotiated letters of intent it had entered into and rejected other higher cost contracts," thereby indicating to FERC that the California agency did not lack bargaining power.The hearings, which are due to end with a ruling by FERC Judge Bobbie McCartney by mid-February, are meant to resolve California's assertion that the contracts were signed under circumstances in which the state had little choice but to purchase electricity at unjust rates. The FERC staff wrote that in order for the contracts to be overturned, they must be shown to be contrary to the public interest, according to the "Mobile-Sierra" doctrine set forth by the Supreme Court in the 1950's. The FERC's brief raises the argument that the power market would be adversely affected if the contracts are not upheld.Some energy sellers to California, such as Calpine Corp. and Williams Cos., have thus far reached agreements with the state on revised contract terms. Others that have not proceeded to settlements include Allegheny Energy, Dynegy Inc., Sempra Energy, and Coral Energy, a unit of Royal Dutch/Shell. If a ruling were to be issued in California's favor, a related action by western U.S. utilities could gain momentum.
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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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