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News
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LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.
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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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Industry News
Dynegy Covers Backside in Enron Deal
LCG, Nov. 13, 2001--Shares in Dynegy Inc. continued their strength this morning as the company revealed the extent of the financial protection it has secured as part of a $10 billion rescue bid for Enron Corp., the Financial Times reported.Chuck Watson, chairman of Dynegy, said: "We are absolutely adequately protected, but I am confident we will not need it." The ultimate protection is, the company has the right to abandon the deal if Enron's earnings are revised down by more than 10 to 15 percent.Under a number of material adverse change clauses, Dynegy has also negotiated a range of other conditions relating to balance sheet impairment, off-balance-sheet exposure, credit rating downgrades and the outcome of a Securities and Exchange Commission investigation, the paper said.Dynegy could walk away if Enron's legal liabilities topped $3.5 billion, and the smaller company has also taken into consideration that "off-balance-sheet liabilities" bring total debt to $20 billion, including $15 billion of on-balance-sheet debt and preferred stock.Dynegy has also estimated that the international assets need to be written down by $5 billion and the broadband assets by $500 million to $600 million, according to people close to the negotiations. In addition, accounting for the takeover as a purchase makes it far easier for Dynegy to do the write-downs.According to the Financial Times, the most important part of the cushion is price. "The biggest protection is, we bought Enron for $10 billion -- or $8 billion or $9 billion. Who's counting?" Watson said. "That is a major protection."The paper said that more than half of Enron's 20,000 staff could be cut as the once-mighty company completes key asset sales of the businesses -- outside core energy trading and marketing -- that have used up cash in return for low-quality earnings.
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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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