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News
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LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.
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LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.
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Industry News
SoCal Ed Won't File for Chapter 11
LCG, Sept. 19, 2001--Edison International Inc., the parent holding company for insolvent Southern California Edison Co., said yesterday that SoCal Ed will not seek protection under Chapter 11 of the bankruptcy law and will "vigorously" defend itself against involuntary bankruptcy."We do not intend to file voluntary bankruptcy," said Ted Craver, chief financial officer of Edison International, in a conference call. "We ask our creditors to continue to forbear and work with us." He added "we will vigorously oppose any involuntary bankruptcy petition."The California legislature adjourned for the year Saturday without passing legislation that would enable the state to "rescue" SoCal Ed from bankruptcy, and though Gov. Gray Davis has vowed to call a special session to get the legislation done there appears little chance the lawmakers will give him what he wants.With little hope for a legislative solution that would restore the creditworthiness of the utility, there is a growing possibility that some creditors may feel that half a loaf is better than none. It would take only three of SoCal Ed's hundreds of creditors to force the company into involuntary bankruptcy.Craver admitted the possibility, saying "to be completely frank about it, the bankruptcy risk is higher today" than it was before the legislature adjourned.
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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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