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News
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LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.
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LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.
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Industry News
Enron's Former CFO Andrew Fastow in Plea Deal
Jan. 14, 2004--Federal prosecutors, Andrew Fastow, former chief financial officer of Enron Corp., and his wife, Lea Fastow, have reached agreements on guilty pleas and prison terms to be served by the Fastows that bypass the need for full-blown trials.Fastow gave a statement in which he said of partnerships that he organized, that he "and other members of Enron's senior management fraudulently manipulated Enron's publicly reported financial results. Our purpose was to mislead investors and others about the true financial position and Enron and, consequently, to inflate artificially the price of Enron stock and maintain fraudulently Enron's credit rating."While the 42-year-old could have served as much as 25 years based on a 98-count indictment, the deal with the Justice Department means that he will serve a sentence of 10 years based on two criminal charges, and hand over $29 million in penalties. Lea Fastow will serve a minimum of five months, up to sixteen months, for a criminal tax charge.Mr. Fastow is said to have already provided officials with evidence that implicates Jeffrey K. Skilling in having participated in certain accounting decisions, although the nature of the behavior is not yet clearly grounds for prosecution.It is possible that Skilling, the former chief executive, could be charged in a few weeks, given that the development of the government's investigation has been built on other plea deals, involving less senior executives such as Michael J. Kopper, who supported a case against Fastow.The top Justice Department official within the Enron Task Force, Leslie Caldwell, said of Fastow, "Whatever knowledge that he has of who did what and who knew what at Enron will now be our knowledge."
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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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