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News
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LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.
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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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Industry News
AEP Revises Settlement and Agrees to Retire Three Coal-fired Units
LCG, February 26, 2013--A revised settlement agreement between American Electric Power Company (AEP), the U.S. Environmental Protection Agency (EPA), and a coalition of environmental and citizen groups was announced yesterday that will retire three of AEP's coal-fired, electric generating units.
The revised settlement includes the closure of AEP's Tanners Creek Generating Station Unit 4 in Indiana, the Muskingum River Power Plant Unit 5 in Ohio, and the Big Sandy Power Plant Unit 2 in Kentucky, which have a combined generating capacity of 2,011 MW.
Other terms of the revised settlement include AEP paying a total of $6 million to Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont, plus $2.5 million to citizen groups in Indiana. AEP must also develop 50 MW of wind or solar generating capacity in 2013, plus 150 MW in Indiana or Michigan by 2015.
The revised settlement allows AEP to install a lower cost, sulfur dioxide emission control system at the Rockport coal plant in southern Indiana.
AEP, like other owners of coal-fired power plants, continues to evaluate costly compliance options in response to growing federal regulations, such as the utility mercury and air toxics standards (MATS), driven by the EPA. Uncertainty on near-term emission control project costs, plus future incremental costs to comply with new regulations that may arise, makes it increasingly attractive to retire older coal-fired plants and to invest in new plants fueled with low-cost natural gas.
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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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