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News
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LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the Mesteño Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.
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LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.
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Industry News
CMS Energy To Exit Exploration, Production of Oil and Gas
LCG, May 30, 2002--The Michigan-based gas and electric utility CMS Energy, whose chairman and chief executive William T. McCormick Jr. resigned last week, will sell its CMS Oil and Gas Co. business arm, in order to lower its debt and raise capital.CMS Energy had received attention because of news in the past two weeks concerning reciprocal energy trades with other energy trading companies, including Reliant Resources and Dynegy Inc. Such trading inflated revenues by over $5 billion over two years, nearly a quarter of its revenue. The oil and gas operations of CMS are found in the Permian Basin of west Texas, as well as abroad, in Cameroon, the Republic of Congo, Colombia, Eritrea, Tunisia, and Venezuela. According to company spokesman Dan Bishop, the unit it intends to sell is a small part of its business. According to 2001 financial reporting, revenue from the unit accounted for less than 2 percent of revenues.
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Generator X
Generation and Transmission Planning and Optimization
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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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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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