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News
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LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.
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LCG, June 9, 2025--Duke Energy announced today its intent to submit an application to the Public Service Commission of South Carolina (PSCSC) for approval to build a new natural gas combined-cycle generating facility with hydrogen capability in Anderson County, South Carolina. The company plans to submit the construction application to the PSCSC later this year. If approved, it expects construction would commence in summer 2027, with operations beginning by early 2031.
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Industry News
Bankruptcy Court Tentatively Approves PG&E Utility Disclosure
LCG, July 31, 2003Yesterday a federal bankruptcy judge conditionally approved Pacific Gas & Electric utilitys most recent disclosure regarding its reorganization plan. Pacific Gas & Electric Company, a subsidiary of the PG&E Corporation, filed for bankruptcy protection in April of 2001. The company could not match the high cost of wholesale power with controlled retail prices.Since that time, the court, creditors and the California Public Utilities Commission (PUC) have endeavored to come up with a reasonable reorganization plan for the utility. Pacific Gas & Electric wanted to split its assets into several companies, most of which would fall outside of Californias control. The PUC believed that the utility should stay in-state while emerging from court protection. California regulators and the utility came to an agreement last month over the companys reorganization, and now the court has conditionally approved the most recent disclosure statement describing the plan. The conditional approval is expected to be finalized this week as language in the disclosure needs minor additions, according to Pacific Gas & Electric spokesperson Ron Low. After approval, the plan will be sent to the utilitys creditors for a vote, conducted between August 15 and September 29. According to the latest version of the possible reorganization, the utility will meet its obligations by using money from retail electricity rates and by doing without dividends. Regulators, the PG&E Corporation, and the utility will all have to approve the plan before it can be made official. Public hearings will be held prior to the PUCs approval, and approval has to come before the end of the year for the settlement to remain viable. The utility has roughly $12 billion of debt, $3 billion of which it has already made in profit since April 2001 because its retail rates are higher than current wholesale prices.
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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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