Federal Government uses UPLAN model to examine price volatility in ERCOT

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.

Read more

Michigan Governor Supports Reopening Palisades Nuclear Facility

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.

Read more

Industry News

Trigen Loses Oklahoma City Case in U.S. High Court

LCG, Oct. 30, 2001--Cogeneration developer Trigen Corp. finally lost its antitrust lawsuit against Oklahoma Gas & Electric Co. yesterday when the U.S. Supreme Court denied its latest appeal in the five-year-old case.

In 1996, Trigen-Oklahoma City Energy Corp. sought to develop a cogeneration plant that would provide heating, cooling and electricity to several buildings in downtown Oklahoma City. OG&E had no objection to the heating and cooling, but the utility owned a monopoly on the electricity.

In a 1998 trial in federal district court in Oklahoma City, Trigen complained about OG&E's monopoly status and the utility questioned how it could be considered a monopoly in Trigen's business -- heating and cooling services -- while OG&E's product is electricity. Furthermore, OG&E argued that its actions resulted in lower costs for the buildings in question.

Trigen won that round and OG&E was ordered to pay $30 million. The judge in the case later reduced Trigen's award to $20.6 million.

OG&E appealed, and a three-member federal appeals court panel overturned the verdict, finding no violation of the antitrust laws by the utility. The panel found that the "heart of Trigen's complaint is that OG&E's rates are too low and that Trigen had to lower its own rates or lose business." Trigen's appeal of that ruling to the full nine-member 10th Circuit Court was denied.

On July 30 of this year, Trigen petitioned the U.S. Supreme Court for review of the case. Yesterday, the high court declined to review the case.

"We are very pleased that the Supreme Court of the United States acted so promptly and saw this case as we have; that is, as a case without merit," said Paul Renfrow, director of public affairs for the utility's parent holding company, OGE Energy Corp. "We have been confident this would be the outcome all along."

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service