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News
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LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.
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LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.
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Industry News
California Utilities Tottering on Brink of Bankruptcy
LCG, Dec. 14, 2000--California's two largest utilities acknowledged yesterday that they are flirting with bankruptcy and may soon not have enough money to pay for electricity which they deliver to their retail distribution customers."We continue to have the ability to make power purchases on behalf of our customers," said Pacific Gas & Electric Co. spokesman Ron Low. "But we cannot go on indefinitely borrowing money topay for our customers' electricity."PG&E and Southern California Edison Co. are now in an $8 billion hole that gets deeper every day as the two companies are forced to pay market prices for power which they deliver to customers protected by rates frozen at a level 10 percent lower than they were paying in 1997.So far in December, electricity prices have averaged about $330 per megawatt-hour, with a spike yesterday to $1,407 on the spot market. PG&E has since May paid around $4.6 billion more for power than it has collected from its customers. For SoCal Ed the figure is some $3.5 billion.As a part of electric deregulation in California, the state's three investor-owned utilities (San Diego Gas & Electric Co. is the third) sold off their non-nuclear power plants. They were also enjoined by the state's restructuring law from entering into long-term power purchase agreements with the companies that bought their plants, and forced to purchase all of their power through a quasi-public agency, the California Power Exchange.Yesterday, some operators of the state's power plants were declining to sell electricity to PG&E or SoCal Ed unless they received cash on the barrel head, a sure sign the power producers are worried about the possibility of bankruptcy.Financial markets are beginning to take notice of the financial plight of the utilities, with Standard & Poor's placing both PG&E and SoCal Ed on its credit watch with "negative implications." But S&P said it expected that the two companies would eventually be allowed to collect most of their power costs from customers.
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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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