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News
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LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.
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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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Industry News
First Energy Sells Aussie GasNet via IPO
LCG, Dec. 14, 2001--First Energy Corp. said yesterday that it has completed the initial public offering of its GasNet subsidiary in Australia, which was acquired through the company's merger with the former GPU, Inc. which was completed last month.First Energy said the sale will immediately reduce its consolidated debt by $290 million of GasNet-related debt. Additionally, $125 million of net proceeds from the sale will be used to reduce debt, primarily at First Energy's electric utility operating companies in the United States."The sale of GasNet supports First Energy's business strategy of continuing to divest non-core businesses, increasing our financial flexibility through the reduction of debt, and focusing on our integrated approach to meeting the energy needs of retail customers in our targeted operating region," said Richard H. Marsh, senior vice president and chief financial officer.GasNet, which is headquartered in the Australian state of Victoria, owns and operates 1,200 miles of high-pressure gas transmission pipeline networks, which serve about 1.4 million residential customers and some 43,000 industrial and commercial users throughout Victoria.GasNet chief executive Christine O'Reilly said, "We are delighted with the very strong support shown by both retail and institutional investors. We look forward to beginning this exciting new phase of the business and delivering value to our new unitholders."
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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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