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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
TXU Says Aussie Regulatory Climate May Force Asset Sales
LCG, Nov. 14, 2000--TXU Corp.'s Australian subsidiary may consider selling its electricity and natural gas distribution assets in the commonwealth if the regulatory climate does not improve, Steve Philley, newly arrived as chief executive of TXU Australia Pty Ltd., said this morning.Speaking to the Australian Institute of Company Directors, Philley said distribution companies were earning only 5 percent to 7 percent on equity against the 10 percent considered necessary. "If we determine that our shareholders are best served by monetizing our investments, we will certainly do that," he said.Philley pointed to a decision by the Office of Regulator-General in the state of Victoria that would regulate returns for the next five years. The state's distribution companies say the decision would cost them $1 billion Australian ($520,000 U.S.) and runs counter to incentives offered when the distributors were privatized.Philley said an appeal of the Regulator-General's ruling to the Victoria state Supreme Court is "under active consideration and is a possibility, but no final decisions has been made." He cautioned that if there were no incentives to invest the distribution systems would be unable to keep pace with demand and power failures would be the likely result."It is becoming increasingly difficult to come up with ways to invest new capital in this sector, in this region, as the markets struggle to understand what the future offers here in Victoria," Philley said.
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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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