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News
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LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.
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LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.
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Industry News
South Korea Power Industry Privatization Approaches
LCG, Jan. 15, 2002--The state-run Korea Electric Power Corp. will begin the transfer of generating assets to private companies by mid-year, according to CBS MarketWatch.Of its six generating companies, KEPCO is expected to sell all but one, which it will retain for the purpose of security. The five enterprises headed for private ownership make up 60 percent of South Korea's overall generation capacity. The sale of those plants, which are non-nuclear, leave KEPCO with ownership of the remaining nuclear and hydropower facilities.The Ministry of Commerce, Industry and Energy stated that the first company to be sold will be offered through auction as well as the placement of shares on the stock exchange.While a specific date for the sale of the remaining companies has not been given, three additional companies are to be transferred by 2005. The total assets to be privatized were assessed at 17 trillion won ($13.05 billion) as of June 30, 2001, and debts were put at 8.7 trillion won ($6.68 billion).Competition in the power industry will be encouraged by a restriction preventing the management rights to multiple generation companies from being held by any one company or consortium.
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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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