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News
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LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.
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Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota.
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Industry News
Federal Judge Finds Legal Basis for PG&E Utility Rate Case
LCG, July 31, 2002-Federal Judge Vaughn Walker ruled that the Pacific Gas & Electric California utility had legal basis for its contention that state regulators unfairly prevented it from raising customer rates.Pacific Gas & Electric utility filed for bankruptcy last year during the California energy crisis, when disparity between wholesale electricity rates and mandated customer rates stretched the utility's finances.The utility wants to recover as much as $8.1 billion from customers and charges that the rate freeze prevented the utility from staying out of the red.Judge Walker ruled that the utility had legal ground to stand on and a case management conference has been set for August 16.State regulators contend that PG&E took in billions in surplus money before the energy crisis because of the rate freeze, $7.1 billion of which was used to pay dividends, buy back stock, and retire debt.PG&E has over $13 billion in outstanding debt.
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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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