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News
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Industry News
Sierra Pacific Sells Southern Nevada Power Plant
LCG, Dec. 5, 2000--Sierra Pacific Resources Inc. said yesterday its Nevada Power Co. subsidiary has agreed to sell its 72 megawatt Harry Allen Power Station near Las Vegas to Pinnacle West Energy, an affiliate of Arizona Public Service Co., for $69.81 million.Nevada Power also negotiated the right to buy energy and ancillary services from Pinnacle West Energy for agreed upon prices at a cost of approximately $4.61 million based on the time of closing. This will result in a net price for the generating plant upon closing of $65.2 million, Sierra Pacific said.Divestiture power plants was a condition imposed by regulators on the merger of Nevada Power with Sierra Pacific Power Co. that created Sierra Pacific Resources. The process is two-thirds complete."Following the sale of Harry Allen Station, there are three of nine bundles of generating assets thatremain to be sold," said Walter M. Higgins, Sierra Pacific chief executive. "These sales will benefit electric industry competition in Nevada and allow us to fully concentrate on building a premier transmission and distribution company in the West."The Harry Allen plant is the newest of those being sold, having entered commercial operation in 1995. It is a combustion turbine facility fueled by natural gas with diesel as a backup. It is a remote-start facility located on a 6,000-acre site about 30 miles north of Las Vegas.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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