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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.
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Industry News
Bankruptcy Might Not be All Bad for California Utilities
LCG, Jan. 4, 2001Though Robert Glynn Jr., chairman and chief executive of PG&E Corp. says bankruptcy "would be unthinkable," he and others are thinking about it. PG&E Corp.'s utility subsidiary Pacific Gas & Electric Co., along with the Southern California Edison Co. unit of Edison International Inc. were pushed closer to insolvency yesterday when it was proposed that they be allowed a one cent increase in what they charge for a kilowatt-hour of electricity.Bankruptcy would wipe out the companies' shareholders investments in the utilities. That would please self-appointed consumer watchdogs, but those investments have been two-thirds wiped out already. The unfortunate part of that is many of those shareholders are older, retired people who in the past depended on the reliability of utility dividends as much as the state depends on reliability of electric power.But bankruptcy filings by the companies in federal bankruptcy courts would provide a venue in which the utilities' pleadings could be scrutinized in the light of the law rather than the heat of populist emotions.Bankruptcy filing would not put the companies out of business, nor would it cut off power to their customers. Bankruptcy would not interrupt the revenue flow such as it is to either company. What it would do is protect the companies from creditors for a period of time during which a plan is worked out, with court approval, to pay off debts and keep the firms operating.Creditors would be prevented from seizing assets, which would damage the utilities' ability to continue serving their customers. Would-be litigators would have to wait on the sidelines before filing their class-action lawsuits. In other words, bankruptcy would buy a period of peace for PG&E and SoCal Edison.Most important, bankruptcy would provide a forum for resolving the problem that drove the companies to that point the $9 billion they have paid for electricity which was delivered to customers who have not paid for it. A member of the Federal Energy Regulatory Commission has predicted how that will turn out.Last month, FERC commissioner William Massey noted the companies' plight and said "Some day soon a federal court, when asked, will declare that utilities are entitled to recover these high wholesale costs from their customers."
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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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