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News
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LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.
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LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.
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Industry News
PG&E Could Delay California Power Bonds
LCG, Aug. 16, 2001--With the California Public Utilities Commission set to decide a week from today on how to parcel out the proceeds from ratepayers' electric bills, Pacific Gas & Electric Co. has it will go to court to endure it gets its fair share.Such a move by PG&E could delay the state's plans to issue $12.5 billion in bonds needed to repay the state for about $7 billion in power purchases already made and to fund future purchases.State Treasurer Phil Angelides said a court test would likely cause the bond sale to miss an October 31 deadline.It wouldn't be the first deadline the borrowing has missed. Early this year, Gov. Gray Davis "promised" that the bonds would be issued and the state treasury repaid for emergency power purchases not later than June 30.PG&E said last week in a legal filing that any attempt "to divert revenues the utilities are lawfully entitled to recover for their generation-related costs is unlawful and will be challenged in court." The company was talking about protections under the U.S. Constitution against the "taking" of property.Under California's failed electric deregulation law, the state's three investor-owned utilities were forced to pay market prices for wholesale power which they retailed to their customers at much lower rates frozen at 1997 levels -- less 10 percent for residential and small commercial customers.Next Thursday, the CPUC is scheduled to decide how much of the revenues from customers electric bills should go to the state to back the bond issue and how much to the utilities to pay for past and ongoing power purchases.PG&E spokesman Ron Low said the California Department of Water Resources, the agency responsible for purchasing power on behalf of the cash-strapped utilities, has been vague in stating its revenue requirements, and the very vagueness makes the utility uneasy."Are they going to try to reach into our pockets?" Low asked recently. "These are the kinds of questions we have been trying to get the Department of Water Resources to answer."California has already borrowed $4.3 billion in the form of a "bridge loan" against proceeds from the bond sale. If the bond sale doesn't come off by the October 31 deadline, the interest on the bridge loan jumps from 4.14 percent to 7 percent.
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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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