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News
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LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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LCG, July 22, 2025--Enbridge Inc. (Enbridge) today announced that it has reached a final investment decision on the Clear Fork solar project located near San Antonio, Texas. Meta Platforms, Inc. (Meta), has signed a long-term contract for all of the renewable power generated from the 600-MW project.
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Industry News
FPL Offers $222.5 Million To Settle Sugar Power Suit
LCG, July 24, 2000--Florida Power & Light Co. said on Friday it was willing to pay $222.5 million to settle a lawsuit that it initiated in January 1997 in an attempt to get out of a pair of power purchase agreements.The company said it would seek to recover the cost of the settlement from its customers, but it was a good deal because the power purchase agreements would have cost them $350 million over their 30-year lives.On Jan. 8 1997, FPL filed suit asking to be freed from its obligations under agreements signed in 1991 to purchase power from Okeelanta Power, owner of a 70 megawatt cogeneration plant, Gator Generating, owner of a 55 megawatt cogenerator. Both power plants were fueled by bagasse, the waste produced by refining sugar cane.The power plants were partnerships between the Fanjul family of Palm Beach and U.S. Generating, a joint venture between PG&E Corp. and Bechtel Enterprises. In trying to weasel out of the power purchase contracts, FPL claimed the plants had been late coming on line.That lawsuit set off a chain of events. The U.S. Generating-Fanjul companies sought protection under Chapter 11 of the bankruptcy laws. They also defaulted on payments of $288.5 million in tax-exempt bonds that were issued to pay for the plants.The bonds are mostly held by institutions such as the Dreyfus Funds, Franklin Funds and Goldman Sachs & Co. They are now willing to take 77 cents on the dollar rather than pursue additional lengthy litigation."This amount of money is more than adequate when compared with going ahead and trying the case," said William Smith, an attorney for most of the bondholders. "This will allow us to bring an end to a three-year debacle."The Fanjul family must also approve the settlement. A spokesman said they had not yet reviewed FPL's proposal.
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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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