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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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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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Industry News
Gazprom Executes Agreement with Venezuela for Oil and Gas Exploration
LCG, September 24, 2008--Gazprom signed on Monday a memorandum of understanding with the Venezuelan state-owned oil company, Petroleos de Venezuela, S.A. (PDVSA), for the development of two offshore oil and gas zones in the Caribbean. The development may include a liquefied natural gas (LNG) terminal to enable the export of natural gas to other markets, including North America.
An initial step in the development will be a feasibility study of the Blanquilla Oeste and Tortuga zones. The estimated cost of the LNG terminal is nearly $6 billion. Gazprom will have a 15% ownership in the project. The other participants in the venture are PDVSA (60%), Eni of Italy (10%), Petronas of Malaysia (10%),and Energias de Portugal (5%).
Gazprom's chief executive was recently stated, "We see North America as a region of our strategic interests....We have noticed a growing interest of Canadian companies in co-operation with Gazprom of late. We have received many interesting proposals based on objective competing advantages of Canadian companies in gas supplies to the US market....In general, one can say that we are creating a new configuration of gas supplies to North America."
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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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