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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
New York Directs Con Edison & NYPA to Develop Plan for Closure of Indian Point
LCG, November 29, 2012--The New York Public Service Commission (NYPSC) on Tuesday directed Consolidated Edison, Inc. to develop with the New York Power Authority (NYPA) a contingency plan to provide for the closure of the 2,063-MW Indian Point Power Plant. NYPA is a state-owned generator that supplies power to government customers in New York City, and Consolidated Edison, Inc. is an investor-owned energy company.
A Con Ed spokesperson stated, "We will comply with the Commission?s directive to work with the New York Power Authority to develop a contingency plan addressing the needs that would arise in the event of an Indian Point shutdown. Delivering reliable, affordable electricity to customers is our primary responsibility and a shutdown of Indian Point, without sufficient alternatives, would threaten electric system reliability and potentially raise electric market prices."
The Governor of New York has expressed his desire to close the nuclear reactors, located about 40 miles north of Manhattan along the Hudson River, when the operating licenses expire in 2013 and 2015. The governor has stated that even the most unlikely possibility of an accident is too much in the heavily populated area.
The owner of Indian Point, Entergy, claims the reactors are safe and filed with the Nuclear Regulatory Commission (NRC) in 2007 to renew the Indian Point operating licenses for a 20-year extension. An Entergy spokesperson stated, "Entergy and its employees continuously demonstrate the plants are safely operated, and is committed to safely operating this important facility for many more years to come."
The back-up plan to relying upon Indian Point for power was a component of the Governor's Energy Highway Task Force's Blueprint, a comprehensive plan with the goal to ensure that New York's energy grid is the most advanced in the nation and promotes increased business investment in the state. The plan calls for the addition of up to 3,200 MW of additional electric generation and transmission capacity, including 270 MW of renewable generating capacity, through approximately $5.7 billion in private investments.
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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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