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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
Reliant Fined in Plant Shutdown Case
LCG, Feb. 3, 2002--The Federal Energy Regulatory Commission (FERC) on Friday released documents and announced a $13.8 million fine based on what a commissioner called "blatant" actions by Reliant Resources to drive up power prices in June 2000 by shutting down power plants in California.Transcripts of conversations between traders for Reliant that were provided to the FERC indicated that multiple plants were taken out of the market on June 21 and June 22, about one month after prices in the Western power market had begun to climb from previous levels. One trader, whose identity was not given, stated in one transcript, "We decided prices were too low on the daily market, so we shut down everything except Ormond." In another conversation, a trader asked about shutdowns, "Did the market find out?" The answer was "No, God, no." Transcripts were posted on the FERC website.The Sacramento Bee reported that Mike Florio, an attorney on the board of the California Independent System Operator, said that during the period in question, "roughly 8,000 to 10,000 megawatts disappeared from the Power Exchange market, virtually overnight." Many plant operators said that prolonged running of plants at high capacity made it necessary to take plants down for maintenance.Reliant Resources will be required to have shutdowns at its plants during the next two years overseen by an independent engineering firm, which will need to provide updates to federal authorities. The fine imposed on Reliant was assessed based on FERC's calculation of the overall impact on buyers of power at the time. The fine will be allocated to individual participants, such as the state's utilities, after specific impacts have been determined.The amount of the fine was strongly criticized by Gov. Gray Davis, who deemed it "insulting." State Sen. Debra Bowen, D-Marina del Rey, said claims by generators that all possible capacity had been provided to the market had been shown to be "an absolute farce."
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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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