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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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Press Release
Workshop on Valuing Congestion Revenue Rights in the California MRTU
For immediate release. LCG Consulting will host a workshop covering methodologies for valuing Congestion Revenue Rights (CRR) in the Californian electricity market.
Date: September 9, 2009
Venue: Stanford University
The Market Redesign and Technology Upgrade (MRTU) launched by the California Independent System Operator (CAISO) on March 31, 2009 brought comprehensive changes in the way power markets are operated in California. Wholesale power is now offered at thousands of locations throughout the CAISO network, presenting participants with a new set of opportunities in conjunction with associated risks.
The key financial product with which market participants can arm themselves in this locational marketplace is the Congestion Revenue Right (CRR). CRRs can be used to protect existing positions and to create new opportunities.
Because there is very little history behind this product, the level of sophistication needed to effectively manage CRRs in these markets is lacking. This workshop will facilitate a discussion between market participants on this topic and cover some advanced techniques for effective CRR valuation.
For more information on this event, please refer to the following link. CRR Workshop
Staff Contact:
Madeline Chen
1-650-962-9670 ext. 111
mchen@energyonline.com
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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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