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News
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LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.
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LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.
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Industry News
Southern Completes Mirant Spin-off Yesterday
LCG, April 3,2001The Southern Company announced this morning it has completed the spin-off of Mirant Corp. through the distribution of all of its 272 million shares of Mirant common stock. Southern owned about 80 percent of Mirant, which was formerly known as Southern Energy.After the close of the market yesterday, Southern Co. stockholders were issued not quite four shares of Mirant common stock for each share of Southern Co. owned on the March 21 record date. Cash will be issued in lieu of fractional shares, the company said.The Southern Co. seemed concerned that many of its shareholders were novice investors, and would have a hard time understanding that their Southern Co. shares were now worth less that they were yesterday, the difference being the equivalent of the distribution they received of Mirant stock and cash.Because the value of Mirant previously embedded in Southern Co.'s share price has been distributed directly to Southern Co. shareholders, one would expect the share price of Southern Co. to be lower following the spin-off, said Gale Klappa, chief financial officer."After the distribution, shareholders should combine the dollar value of their Southern Co. holdings with the value of their Mirant holdings to determine the total value of their investment," Klappa 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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