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News
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LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.
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LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
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Industry News
Entergy Announces Close of Agreement to Sell Gas-fired Power Plant in Rhode Island
LCG, December 18, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has closed on its sale of the 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The agreement was announced in October 2015.
The base sales price for the Rhode Island State Energy Center (RISEC), excluding adjustments, is approximately $490 million. Entergy purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011.
RISEC is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. The facility entered commercial service in 2002.
Entergy's Chairman and CEO stated, "RISEC has been a good investment for us, and its sale is consistent with our strategy for Entergy Wholesale Commodities - to be disciplined about reducing risk and freeing up financial resources for other opportunities."
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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