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News
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LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.
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LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.
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Industry News
Consumers Asks Regulators for Securitization Okay
LCG, July 7, 2000--Consumers Energy Co. said yesterday that it had filed an application with the Michigan Public Service Commission to begin the securitization process for approximately $473 million in qualified stranded costs.The announcement followed by a day that of Detroit Edison Co., Michigans other big electric utility, which on Wednesday asked the commission to approve $1.85 billion in stranded cost bonds.In the securitization process, new bonds are issued to refinance existing debt associated with utility assets that may become uneconomical in a competitive electricity market. Where the original debt is backed by the assets themselves, the new bonds are backed by the revenue flow generated by the assets. Because there is almost no risk associated with a utility collecting its bills, the new borrowing is less expensive than that it replaces.Consumers said the money it saves by issuing the new bonds will allow the company to offset the earnings impact of a 5 percent residential rates reduction that went into effect in June in connection with Michigans electric industry restructuring law.The company said that it had asked the commission to find that its Palisades nuclear power plant capital costs, net of depreciation, be identified as a qualified cost and thus be eligible for inclusion in the refinancing.Consumers said it hopes to issue the bonds by the end of the year.
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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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