News
LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Industry News
Columbian Unrest Forces AES to Close Power Plant
LCG, Oct. 9, 2001--AES Corp. of the U.S. said yesterday it would shut down its 300 megawatt Termocandelaria power plant in the port city of Cartagena, Columbia, on December 3 because of regulatory uncertainty and the inability of the government to control rebellious elements of its populace.AES, which also operates a 1,000 hydroelectric plant in Columbia, said it would probably dismantle the plant and move it to a country with more stable regulation and less internal conflict."Short- and medium-term perspectives, given current regulation and market conditions, leave us no other option," said AES of the proposed closure of the $150 million Termocandelaria plant, which it acquired from KMR Power Corp. last November.The regulatory uncertainty that has hit AES and other foreign investors in Columbia's energy sector stems from a government decision in March to no longer compensate companies for losses incurred when Marxist guerillas blow up power plants and transmission lines.If other power producers follow AES' lead, it could cause power shortages in Columbia, where the total generating capacity is 12,500 megawatts, more than half from plants owned by foreign companies such as AES, Union Fenosa and Endesa of Spain.
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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