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News
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LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.
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LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."
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Industry News
TXU Says Aussie Regulatory Climate May Force Asset Sales
LCG, Nov. 14, 2000--TXU Corp.'s Australian subsidiary may consider selling its electricity and natural gas distribution assets in the commonwealth if the regulatory climate does not improve, Steve Philley, newly arrived as chief executive of TXU Australia Pty Ltd., said this morning.Speaking to the Australian Institute of Company Directors, Philley said distribution companies were earning only 5 percent to 7 percent on equity against the 10 percent considered necessary. "If we determine that our shareholders are best served by monetizing our investments, we will certainly do that," he said.Philley pointed to a decision by the Office of Regulator-General in the state of Victoria that would regulate returns for the next five years. The state's distribution companies say the decision would cost them $1 billion Australian ($520,000 U.S.) and runs counter to incentives offered when the distributors were privatized.Philley said an appeal of the Regulator-General's ruling to the Victoria state Supreme Court is "under active consideration and is a possibility, but no final decisions has been made." He cautioned that if there were no incentives to invest the distribution systems would be unable to keep pace with demand and power failures would be the likely result."It is becoming increasingly difficult to come up with ways to invest new capital in this sector, in this region, as the markets struggle to understand what the future offers here in Victoria," Philley said.
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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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