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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
Allegheny Alleges Merrill Lynch Made Wash Trades
LCG, September 26, 2002-Yesterday Allegheny Energy announced a lawsuit against Merrill Lynch, alleging the investment bank made wash trades to increase trading volume.Allegheny bought Merrill Lynch's energy trading unit, Global Energy Markets (GEM), for $490 million. Now the energy company asserts that the investment bank participated in "wash trades," with energy companies like Enron, resulting in falsely large trading volumes and therefore a manipulated picture of how well GEM performed.Allegheny's lawsuit was filed one day after Merrill Lynch announced that it would file suit against Allegheny for $115 million in delinquent payment for the trading unit.Allegheny's lawsuit was filed with the Supreme Court of New York.
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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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