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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
Bonneville Will Cut Prices on Cal Power Contract
LCG, Dec. 17, 2001--The Bonneville Power Administration agreed last week to lower the prices of electricity it sold to the California Department of Water Resources under a contract negotiated last spring when the state was a desperate buyer in a seller's market.The small contract, for 18 megawatts of power through April 31 of next year, was at the average rate of $55 per megawatt-hour, more than double the current price for power on the spot market. Bonneville will cut the price of the power to $29 per megawatt-hour.The water agency has committed $43 billion on 56 long-term contracts, mostly extending 10 years into the future, but some running as long as 20 years. Intense pressure has been brought to bear on the CDWR by newspapers, the public and other state agencies to renegotiate the contracts, but few power sellers appear willing.Calpine Corp., which has three contracts to sell the CDWR 2,500 megawatts of power for about $13 billion over 10 to 20 years at prices between $70 and $80 per megawatt hour, will me with the water agency seeking to find "something of value" in the deals, but said it "stands by" its contracts.Only one other power producer admits to conversations with the CDWR. NRG Energy Inc. said Friday that he CDWR has approached the company about renegotiating a contract, but no commitments have been made. NRG chief executive Dave Peterson said the company would consider dropping its price to around $30 per megawatt-hour in exchange for an extension of the contract. "We could give them price flexibility without affecting our position," he said.
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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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