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News
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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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LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.
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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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