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News
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LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.
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LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.
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Industry News
J.P. Morgan Acknowledges Round-Trip Trading with Enron
LCG, December 4, 2002-A lawyer for J.P. Morgan Chase has disclosed the company's involvement in circular trades with Enron Corp.J.P. Morgan Chase is currently in court, attempting to recover $1 billion in surety bond coverage from 11 insurance companies who guaranteed contracts between Enron and J.P. Morgan.The insurance firms assert that they were not aware of the type of deals at the time and now say the trading added up to loans to Enron, not the sale of gas or oil.J.P. Morgan had, via another unit named Mahonia, bought oil and gas for $1.9 billion from Enron. Mahonia could then sell the oil and gas back to any company, including Enron.The insurance firms' lead attorney showed deals yesterday involving Mahonia buying and Chase selling the same oil from and to Enron on the same day in the same transaction. These deals would result in only money changing hands, but not any commodities whatsoever.J.P. Morgan Chase's attorney said at the questioning of Judge Jed Rakoff, that the trades were circular. While J.P. Morgan Chase admits knowing the nature of the trades, the company still contends that the deals were not loans.
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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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