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News
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LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.
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LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.
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Industry News
Exelon Announces Deal to Acquire Pepco Holdings
LCG, May 1, 2014-Exelon Corporation and Pepco Holdings Inc. yesterday announced that they have signed a definitive agreement to combine the two companies in an all-cash transaction. The acquisition will combine Exelon's electric and gas utilities - BGE, ComEd and PECO - together with Pepco Holdings' electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - that will serve approximately 10 million customers, with an underlying rate base of approximately $26 billion. The new company will become the largest utility in the nation with respect to the number of customers served.
The acquisition agreement has been unanimously approved by both companies' boards of directors, and the companies plan for the agreement to close in the second or third quarter of 2015.
Exelon President and CEO stated, "Exelon and Pepco Holdings have a compelling strategic rationale for merging, given our geographic proximity and similar utility business models. Our cultures are an excellent match, with a shared focus on operational excellence, environmental stewardship, customer service and support for the communities we serve."
Pepco Holdings Chairman, President and CEO said, "This combination provides significant benefits for all of our stakeholders, including customers, employees and shareholders. Exelon is one of the most respected energy companies in the country, and it is committed to building on the progress our team has made over the last few years to improve system reliability and customer satisfaction. As part of this transaction, Exelon has committed to provide what our customers most want: investments in infrastructure improvements, continuation of our long tradition of philanthropy in our communities and direct customer benefits of $100 million. Our shareholders will benefit from an immediate cash premium, and employees should enjoy even more opportunities as part of a larger company."
Prior to completing the acquisition, a number of hurdles must be cleared. In addition to requiring approval of the stockholders of Pepco Holdings, there are a number of necessary regulatory approvals, including: the Federal Energy Regulatory Commission, the District of Columbia Public Service Commission, the Delaware Public Service Commission, the Maryland Public Service Commission and the New Jersey Board of Public Utilities.
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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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