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News
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LCG, November 12, 2025--LCG Consulting is excited to announce the release of the MISO 2034 Data Model, built from the latest MISO Transmission Expansion Plan (MTEP). This powerful, nodal-level data model offers a forward-looking view of generation, transmission, and load forecasts across the MISO region—empowering energy professionals to explore the grid of the future with confidence.
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LCG, November 12, 2025--Xcel Energy, together with the Utility Consumer Advocate (UCA), Colorado Energy Office (CEO), and Trial Staff of the Public Utilities Commission (PUC), filed a petition on November 10 requesting Commission approval to keep Comanche Generating Station Unit 2 available for up to one additional year after its currently planned retirement on December 31, 2025.
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Industry News
Shell Valuation of Power Agreements Too Optimistic, Former Manager Says
LCG, July 18, 2002--A former manager at the energy trading unit of Royal Dutch Shell ("Shell") in Houston who was dismissed in August 2001 told the Financial Times and Reuters that the company's valuation of options it held on power purchases relied on overly optimistic assessments of future power prices.Shell's agreements with independent power producers require it to make capacity payments of $7.4 billion over 20 years. The power producers run plants using natural gas from Shell, which may exercise options to sell power from the plants should power prices rise. The agreements were sealed three years ago, when power prices in the U.S. were about 50% higher than they are currently. The manager, George Namur, claimed that "We knew what our capacity payments would be and then had to use highly optimistic power price forecasts and other creative items to exceed the 15 per cent return rate." The forecasts used in valuation of such options are potentially wide-ranging.A statement by Shell indicated that "rigorous due diligence and evaluation processes" were undertaken prior to the company's completing the deals, which are not uncommon in the energy industry. Shell stated that 2001 accounting recognized profits from the deals as the agreements progressed. Most payments for the "tolling" agreements will be due in 2007.
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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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