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News
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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
York Research Defaults on Bonds, Ousts CEO
LCG, Oct. 31, 2001--Renewable energy firm York Research Corp. said yesterday that the $10,345,000 payment due under terms of $150 million of bonds issued by York Power Funding (Cayman) Limited would not be made.The company said that failure to make the payment, which was due yesterday, before November 9 would constitute default and allow the bonds' trustee to exercise remedies against the collateral put up for the borrowing.The collateral consists of York's interest in its Trinidad Project, Big Spring Project, Brooklyn Navy Yard Project and Warbasse Project.York also said it had over the past 18 months used for its general corporate purposes about $17.5 million in revenues generated by the Trinidad Project, which was a violation of bond covenants.As a result of these problems, Robert M. Beningson has been sacked as chairman, president and chief executive and was placed on unpaid leave of absence. Executive Vice President Robert C. Paladino has agreed to take over Beningson's functions.
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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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