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News
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LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.
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LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.
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Industry News
Enron Executive Urged Legal Review of Partnerships
LCG, Jan. 15, 2002--Enron Chairman Kenneth Lay was urged in August of last year by a senior executive in the company to have a law firm examine the firm's involvement with and accounting practices concerning outside partnerships.The executive, whom the Washington Post identified as Sherron Watkins, vice president for corporate development, worked for Andrew Fastow, the chief financial officer who handled Enron's dealings with the partnerships. In a letter to Lay, Watkins wrote, "I am incredibly nervous that we will implode in a wave of accounting scandals." Watkins also wrote, "is there a way our accounting gurus can unwind these deals now?"The outside law firm of Vinson & Elkins interviewed Fastow following an Oct. 15 request for a legal review covering the concerns raised in the letter, investigators with the House Energy and Commerce Committee determined. The law firm's conclusions were that no further inquiry was needed, due to the awareness of the firm's senior executives of the facts that Watkins had emphasized. The day following the review, Enron announced third-quarter earnings representing $1 billion in losses, and a $1.2 billion reduction in shareholder equity.Rep. W.J. "Billy" Tauzin, R-La., chairman of the House Energy and Commerce Committee, responded to the substance of the letter to Lay by issuing a call for documents covering the same issues as the letter, and those reflecting the internal response to the letter at Enron. John Dingell, D-Mich., the ranking member of the House Energy and Commerce Committee, asserted that "there's pretty strong evidence of insider trading, there's clear evidence of failure to file honest and correct annual reports."Robert Bennett, Enron's Washington attorney, expressed concern that House members were making up their minds before a full investigation of the facts.
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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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