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News
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LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.
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LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.
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Industry News
Apache Deplores 'Speculation' by Gas Traders
LCG, Oct. 2001--In a thinly-veiled swipe at Enron Corp., oil and gas producer Apache Corp. yesterday deplored "speculative" activities by natural gas traders, saying they have contributed to an extreme volatility in gas markets that now threatens U.S. energy supply.In remarks that accompanied Apache's third quarter earnings report, Raymond Plank, the founder and chief executive of the Houston-based company, said "As Americans, we want to contribute to our country's energy security in every way we can."But Plank found that not all companies share his patriotism. "Regrettably, at a time when stability and rationality should be the call words, we find ourselves in the most volatile natural gas pricing environment in history," he said. "Current conditions make it difficult, if not impossible, to maximize our contribution to the nation."And he knew whom to blame. "This debacle is the result of excessive speculation inherent in a gas market driven by paper trades." Plank later admitted that Enron was a target of his remarks.Enron is North America's biggest paper trader of natural gas.Plank's son, Chief Financial Officer Roger Plank, said in a conference call "Investors and industry alike are trying to determine what has really been going on behind the curtain of some of the most active traders of natural gas."The Securities and Exchange Commission is also trying to find out what has been going on, and it was the SEC's inquiry into Enron's activities that earlier this week cost Andrew Fastow his job as Enron's chief financial officer.G. Steven Farris, Apache's president and chief operating officer, joined the attack on paper traders. "Never before have we had such unchecked short-term speculation and trading which makes long-term investment decisions in natural gas almost impossible," he said.But Farris returned to the business at hand. "Despite the impact of a slowing economy on (natural gas) prices, Apache's earnings and financial condition remain strong," he said. The company reported that its third-quarter earnings fell to $151.9 million, or $1.19 cents per share, from $197.3 million, or $1.58 per share, in the same period of 2000, due to sharply lower natural gas and crude oil prices.
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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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