News
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.
Read more
|
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.
Read more
|
|
|
Industry News
El Paso Will No Longer Trade Energy
LCG, Nov. 8, 2002--El Paso Corp.'s energy-trading portfolio will be liquidated and transferred to another, separately capitalized unit in order to protect the balance sheet and credit of the company.The central unit's revenue was down compared with the previous year by $336 million, while $96 million worth of contracts valued through mark-to-market accounting had to be removed from revenue. Within two years, El Paso expects it will have completely rid itself of its portfolio, which will go to Travis Energy Services.El Paso's trading division has received unwanted attention following a ruling by an administrative law judge with the Federal Energy Regulatory Commission that an El Paso pipeline prevented gas from flowing into California, driving up prices of gas and electricity, adding up to an additional $3 billion needed for energy spending."While overall earnings were hurt by weak trading and refining results, our core businesses of pipelines, production, midstream, and power produced strong earnings and cash flow in a difficult quarter," William A. Wise, the chairman and chief executive, said in a statement.El Paso's pipeline business and oil and gas production have seen earnings increase 11% and 5.9% respectively over last year's results. Its field-services unit experienced a loss of $11 million.
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|