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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
PUC Staff Make Proposal for Texas Balancing Market
LCG, Mar. 19, 2003--A plan for preventing price spikes in the balancing energy market within the Electric Reliability Council of Texas (ERCOT) has been put forth by staff with the Public Utility Commission (PUC) of Texas.The proposal is a reaction to price spikes that occurred in late February, when the balancing market priced Up Balancing Energy Service at $990/MWh, just below the $1,000 price cap. A more complicated plan addressing price spikes has been in development by the PUC's Market Oversight Division and ERCOT for about six months.The new proposal would come into play when all power offered in the balancing market was to be bought by ERCOT, the grid operator. In such situations, sellers would be informed that prices would probably be reduced at a later date. The reduction would be calculated as if ERCOT had bought only 90% of the amount of energy actually used. The Market Oversight Division will continue to look at ways to address spikes, but has recommended the new proposal to commissioners while it does so.
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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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