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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.
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Industry News
AEP Buys Two Edison International UK Power Plants
LCG, Oct. 8, 2001--American Electric Power Co. Inc. said this morning it had agreed to buy 4,000 megawatts of coal-fired generation in the UK from U.S. company Edison Mission Energy in a deal valued at $960 million.AEP said the purchase prices for the 2,000 megawatt Fiddler's Ferry plant and the 2,000 Ferrybridge station worked out to an attractive $240 per kilowatt.Edison Mission Energy, a subsidiary of Edison International Inc. and sister company to beleaguered utility Southern California Edison Co., found no joy in the numbers and said it will take an after-tax write-off of about $1.18 billion on the deal.Edison paid PowerGen Plc about $2 billion for the power plants just over two years ago."This investment has been a major disappointment for (us)," said Al Fohrer, Edison Mission Energy's president and chief executive. "While the plants have run well, given the market conditions, the operating losses and cash requirements likely to result in the foreseeable future from the existing debt structure were too large to maintain our ownership position. It is time to sell the plants, reduce our debt and eliminate the drag on our financial performance."AEP, on the other hand, believes owning the two power plants will increase its earnings by about 6 cents per share next year."The acquisition is consistent with the strategic objectives of our European business, which is to build a trading, marketing and optimization business across key aspects of the wholesale fuel and power generation value chain in Europe," said E. Linn Draper, AEP's chairman, president and chief executive.
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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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