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News
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LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.
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LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.
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Industry News
PG&E Creditors Approve CA Utility's Reorganization Plan
LCG, September 10, 2002-Creditors of the PG&E utility voted overwhelmingly in favor of the utility's plan to sell assets in order to recover from bankruptcy.Pacific Gas & Electric utility declared bankruptcy in April last year after differences between wholesale electricity prices and retail price caps left it financially strapped. Earlier this year, U.S. Bankruptcy Judge Dennis Montali decided that creditors to the utility could vote on one of two plans intended to bring the utility out of bankruptcy.The California Public Utilities Commission created one of the plans, which keeps the utility's assets under the control of California regulators, and the PG&E utility created the second plan, which involved splitting up assets into several companies, all but one of which would be moved beyond the control of state regulatory bodies.Only one of the ten classes of the utility's creditors voted for the CPUC's plan. Energy Service Providers, or Class 7, voted against the utility's plan.Although the utility is more than pleased by the overwhelming victory, the final decision over its $13.5 billion debt still lies with Judge Montali. Hearings on the plans are to follow.The balloting was conducted by independent voting agent Innisfree M & A.
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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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