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News
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LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.
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LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.
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Industry News
Reliant to Split Regulated, Unregulated Businesses
LCG, July 27, 2000--Reliant energy Inc. said yesterday it would ask approval from the Public Utility Commission of Texas to separate its regulated businesses from those that are not regulated, creating two publicly traded companies.The company said the plan is intended to satisfy regulatory requirements under Texas restructuring legislation, to enhance shareholder value, to highlight the specific investment appeals of each resulting entity, and to permit the individual units to focus on their respective business and market opportunities.Once it gets the necessary approvals, Reliant would publicly offer about 20 percent of the common stock in the unregulated company. That would be followed by a distribution of the remaining stock to shareholders within 12 months.The regulated businesses would be restructured as a holding company, Reliant said.The unregulated company would own Reliant's unregulated power generation and related energy trading and marketing operations, its unregulated retail businesses, which currently include energy, telecommunications and Internet services, and the company's European electric generating and trading-marketing operations.Steve Letbetter, Reliants chief executive, explained that the company has undergone a fundamental transformation, especially from an investors point of view. "Our growth businesses appeal to a different set of investors than do our regulated activities," he said."We expect the regulated company to be very similar to the company we have been for most of our history, and it should appeal to our traditional type of investor. Overall, this restructuring will allow us to better align our businesses with the interests of investors and allow the market to more effectively reflect the overall value of Reliant Energy's expanded business portfolio," Letbetter added.
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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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