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News
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LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.
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LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.
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Industry News
Pepco to Acquire Conectiv for $2.2 Billion
LCG, Feb. 12, 2001-- Potomac Electric Power Co. said this morning it would acquire Conectiv Inc. for $2.2 billion in cash and stock, in a deal that will make the new company the mid-Atlantic region's largest electric utility.EnergyOnline Daily News reported Friday that the two companies were close to a deal. The $2.2 billion sale price values Conectiv at $25 per share of common stock, a 16 percent premium over Friday's closing price on the New York Stock Exchange.Conectiv had quietly shopped itself around for several months, but had developed little interest from potential merger partners or buyers.John Derrick, chairman and chief executive of Pepco, will retain those positions in the new company. Howard Cosgrove, his counterpart at Conectiv will retire.Pepco said it will cut its annual dividend by 40 percent, from $1.66 to $1.00, effective with the June dividend. The company said the lower dividend was consistent with the payout of other electric distribution companies and the money saved was necessary for growth in an increasingly competitive industry.Pepco said it expected necessary regulatory approvals to take about a year.
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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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