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News
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LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.
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LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.
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Industry News
Utilities Allowed to Borrow for Pre-Payments for Electricity
LCG, Aug. 1, 2003--Utilities will be able to use a low-cost method of financing for electricity purchases that had previously been allowed for just natural gas supplies, based on similar tax treatment by the Internal Revenue Services.Memphis Light, Gas & Water is one of the utilities that had lobbied to have the ability to issue tax-exempt municipal bonds. In this case, power sales of $1.5 billion were made by the Tennessee Valley Authority to the utility at a discount. Sen. Bill Frist, R-Tenn., a supporter of the measure, noted that "Memphis ratepayers will save money for years to come, and TVA will receive needed cash which it can use to further reduce its debt."The utilities had wanted to see temporary regulations be finalized this year, in order to assure a supply of electricity at a low price. The low cost comes about due to the purchase being pre-paid, while the utilities' concern about tax treatment had lain in the possibility that the discount would be viewed as an investment-type gain, due to the yield of the bonds being less than the rate of the discount. Arbitrage regulations govern the investment of bond proceeds by issuers. Probes by the IRS that ended last year did not lead to a determination that any violations had occurred.
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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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