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News
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LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.
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LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.
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Industry News
Former Dynegy Gas Trader Indicted
LCG, Jan. 27, 2003--An indictment was unsealed today, alleging that a former trader for Dynegy, Michelle Marie Valencia, had knowingly reported false gas trade prices to a trade publication in three instances in late 2000 and early 2001.Valencia, 32 years old, was arrested today in Houston on charges of reporting false trade information and wire fraud. According to U.S. Attorney Michael Shelby, the indictment covers 43 trades that the publication, Inside FERC Gas Market, could have used to develop published natural gas price indexes. The indexes in this publication and others have been used to arrive at a settlement of many gas contracts.Dynegy stated that it continues to cooperate with authorities in their investigations of reporting practices, and that Ms. Valencia was one of seven traders it has dismissed since last fall. The company paid $5 million in December to settle accusations by the Commodities Futures Trading Commission that it had attempted to manipulate gas-price indexes, and did not admit or deny wrongdoing.Ms. Valencia could have to serve five years in prison and pay a fine of up to $500,000, if convicted.
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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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