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News
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LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.
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LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.
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Industry News
Reliant Resources Chief Executive Departs
LCG, Apr. 14, 2003--The executive responsible for the transition of Reliant Energy into the era of deregulation and the direction of merchant developer and energy trading spin-off Reliant Resources, Steve Letbetter, has resigned from his positions as chief executive and chairman, the company announced late on Sunday.Reliant Resources, in discussions with banks in March, managed to make a deal for $6.2 billion worth of financing, and stave off a possible bankruptcy filing. The deregulated company has experienced troubles connected with false reporting of energy trades, and has been the subject of investigations into its trading. While Reliant Resources takes steps to name a new chairman, board member Joel Staff will serve as chairman and chief executive for the duration of the search.Reliant disclosed in 2002 that its revenues had been inflated by round-trip trades, and last year revised revenues for three years, for a total reduction of approximately $8 billion. Letbetter will receive a severance package, and called his experience with the company "an outstanding opportunity and a great experience" in a written statement.Letbetter became the chief executive of Reliant Energy, itself the successor to Houston Lighting & Power Co., in June 1999, and later in the same year became chairman as well. The next year, Reliant Energy, now operating as CenterPoint Energy in regulated markets, created Reliant Resources within the company for merchant activities and trading. The complete separation of Reliant Resources from Reliant Energy parent took place in September 2002.
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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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