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News
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LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.
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LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.
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Industry News
Finland's New Nuclear Reactor Delivering Power to the Grid
LCG, March 15, 2022--Finland's new nuclear reactor, Olkiluoto 3, commenced operations Saturday and began delivering power to the grid. The Finnish operator Teollisuuden Voima Oyj (TVO) stated that the 1,600-MW reactor will be gradually increased from operating at 103 MW to full capacity over a trial period of four months. Once regular electricity production is achieved, the reactor will supply approximately 14 percent of Finland's total electricity demand. Furthermore, it will significantly reduce electricity imports from Norway, Russia and Sweden.
The Olkiluoto 3 reactor is the first new reactor to be commissioned in Finland in more than 40 years. The reactor design is a third generation European-type pressurized water reactor (EPR) developed and built by a joint venture between France’s Areva and Germany’s Siemens. Finland now has five nuclear reactors at two power plants located along the Baltic Sea.
Construction began in 2005 and was originally scheduled to be completed in 2009. A number of technical and legal problems have led to the significant delays in completion and cost increases.
The Olkiluoto 3 is among western Europe's first new reactors in over ten years.
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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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