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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
Nukes Produce Power Cheaper than Coal, Study Shows
LCG, Jan. 9, 2001It has finally become less expensive to produce electricity in nuclear power plants than in coal-fired plants, or any others, according to the latest available full-year figures from the Utility Data Institute.The Utility Data Institute is a division of McGraw-Hill. Its data are taken directly from Form 1 filings that utilities are required to make each year with the Federal Energy Regulatory Commission. Price spikes that occurred in oil and natural gas in 1999 are not reflected in the figures compiled for last year.In 1999, production costs, which consist of outlays for fuel and operations and maintenance, at nuclear power plants averaged 1.83 cents per kilowatt-hour, lower than coal at 2.07 cents and still far lower than oil-fired plants at 3.18 cents and natural gas plants at 3.52 cents, the Institute reports."At a time when the eyes of the nation are on energy prices, nuclear power's re-emergence as thelow production-cost leader is a reminder that the United States needs a diverse energy portfolio thatrelies in no small part on nuclear energy," said Marvin Fertel, a senior vice president of the Nuclear Energy Institute.Fertel conceded that production costs do not represent the complete cost of electricity at nuclear power plants or any other power plant, but low production costs position nuclear facilities to thrive in a competitive electricity marketplace even after capital costs, property taxes and other expenses are added."Assuming electricity markets average between 2.5 and 3 cents per kilowatt-hour on a total costbasis, U.S. nuclear power plants already are very competitive," Fertel said. "They are operating atrecord levels of safety and reliability. They are stabilizing the electrical grid and helping to avertbrownouts and blackouts. And they are doing so economically and without emitting any pollutantsinto the atmosphere. Consumers, the environment and our nation's economy are all the better for it."
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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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