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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Duke Energy Submits Early Site Permit Application to NRC for New Nuclear Reactors in North Carolina

LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.

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Industry News

Analysis of Summer Resource Adequacy in ERCOT

LCG, July 28, 2016--LCG Consulting releases its analysis of resource adequacy in Texas for high stress conditions in summer 2016.

Every year, the Electric Reliability Council of Texas (ERCOT) publishes reports on Seasonal Assessment of Resource Adequacy, or SARA. In it, ERCOT identifies scenarios to determine whether the Texas system can meet demand under a variety of challenging conditions. LCG has modeled these cases and offers an in-depth exploration into what happens with prices, congestion, and generation under the cases ERCOT presents in the 2016 summer assessment.

Using the advanced UPLAN-NPM modeling system, LCG extends ERCOT’s snapshot report of the summer season to delve more fully into system challenges and outcomes associated with such stress cases, including ramping constraints, Operating Reserve Demand Curve (ORDC) outcomes, pricing impacts, and unit commitment requirements.

LCG’s study models dispatch in the ERCOT region at five-minute intervals, instead of the more common hourly simulation. Modeling smaller slices more accurately captures the operation of the ERCOT system, including the sub-hourly ramping constraints of thermal units, which is particularly important under the SARA report stress cases.

The report relies on LCG’s UPLAN sub-hourly modeling capability as well as robust knowledge of all aspects of electricity transmission and generation in Texas, and decades of electricity modeling experience in the state.
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