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News
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LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.
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LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.
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Industry News
Federal Regulators Settle BP Energy Allegations for $3 Million
LCG, July 22, 2003The Federal Energy Regulatory Commission and BP Plc. came to an agreement over BPs alleged electricity market manipulation. In March an investigation by FERC uncovered activity between BP Energy Company and Reliant Resources that allegedly showed manipulation of Western electricity prices during the 2000/2001 energy crisis. FERC staff found that BP staff sold energy to Reliant and then repurchased it in order to influence electricity prices at the Palo Verde hub. While some people find so-called round-trip trades legitimate, BP did respond to FERCs report and noted the trades were inappropriate.According the Commission, BP will pay $3 million to United Way in California and Arizona. BP electricity sales will have to pass FERC review for the next six months. Also, energy trading records, such as reports on trades and copies of trading tapes, will be submitted to FERC.
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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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