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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
Reliant Resources Chief Executive Departs
LCG, Apr. 14, 2003--The executive responsible for the transition of Reliant Energy into the era of deregulation and the direction of merchant developer and energy trading spin-off Reliant Resources, Steve Letbetter, has resigned from his positions as chief executive and chairman, the company announced late on Sunday.Reliant Resources, in discussions with banks in March, managed to make a deal for $6.2 billion worth of financing, and stave off a possible bankruptcy filing. The deregulated company has experienced troubles connected with false reporting of energy trades, and has been the subject of investigations into its trading. While Reliant Resources takes steps to name a new chairman, board member Joel Staff will serve as chairman and chief executive for the duration of the search.Reliant disclosed in 2002 that its revenues had been inflated by round-trip trades, and last year revised revenues for three years, for a total reduction of approximately $8 billion. Letbetter will receive a severance package, and called his experience with the company "an outstanding opportunity and a great experience" in a written statement.Letbetter became the chief executive of Reliant Energy, itself the successor to Houston Lighting & Power Co., in June 1999, and later in the same year became chairman as well. The next year, Reliant Energy, now operating as CenterPoint Energy in regulated markets, created Reliant Resources within the company for merchant activities and trading. The complete separation of Reliant Resources from Reliant Energy parent took place in September 2002.
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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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