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News
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LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.
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LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.
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Industry News
BP and Reliant Respond to Western Manipulation Fine
LCG, Apr. 18, 2003--BP Energy and Reliant Resources, having received a "show cause" order from the Federal Energy Regulatory Commission regarding "apparent" market manipulation by traders they employed, responded this week by saying the penalties proposed were excessively punitive.Three separate incidents were cited by FERC in which a BP trader initiated discussions on electric power trades to be conducted at Arizona's Palo Verde trading hub. As part of a penalty, FERC could strip the companies' licenses to trade.Reliant Resources said that consideration should be given to the company's having revealed evidence on a trader's practices and communications that served as the basis for FERC's order. Company representatives also said that while the actions by the former trader were "plainly wrong," no harm actually occurred in the market, as the trades were not outside the market levels seen at the time. Reliant also said it had undertaken "significant and meaningful reforms in its trading operations." BP asserted that the trades were not meant to manipulate the market, and did not lead to profits being realized by its trader. While it said it "regrets and apologizes for the trader's conduct relate to these trades," BP Energy contended that stripping its license would be "significantly disproportionate to the alleged misconduct."Reliant Resources announced in early March that it would exit energy trading following an $80 million loss it suffered in the natural gas market.
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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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