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News
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LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.
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LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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Industry News
FERC Requests Information on Megawatt Laundering
LCG, Feb. 19, 2002--The California Independent System Operator has been asked by staff of the Federal Energy Regulatory Commission for details relating to past trading and energy generation by companies that exhibit similarities with strategies used by bankrupt Enron Corp.The ISO produced a report in October which concluded that 20 energy trading companies may have profited by selling output in California through out-of-state trading partners, to avoid price caps within the state. Known as "megawatt laundering," the behavior may have led to millions of dollars in higher costs to the state. Although the report covered the period 1998-2002, FERC will only consider refunds for trading between Oct. 2, 2000 and June 20, 2001.FERC will consider additional evidence through the end of the month as it decides on whether to grant up to $8.9 billion in refunds. The evidence of megawatt laundering could take the form of schedules submitted to the ISO, which would indicate when and where power would be generated. Enron's actual power generation and transmission of power were sometimes inconsistent with actual usage of the transmission system, allowing it to be paid for relieving congestion where none actually existed.
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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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