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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
Peoples Energy to Cut Payroll through Retirements
LCG, Aug. 2, 2001Midwestern natural gas company Peoples Energy Corp. said yesterday it would offer 170 non-union, non-officer employees early retirement as a means of reducing its payroll."This program continues our efforts to ensure profitability through increased efficiency and improvedservice," said Tom Patrick, president and chief operating officer. "It will enable us to accelerate the benefits of process improvements now underway."The company said employees who accept the offerwill retire effective Dec. 1, 2001, though an employee may be required to postpone retirement under the program beyond December 1 in order to provide for a smooth transition."The program will result in a one-time charge to fiscal 2001 earnings," said Jim Luebbers, chieffinancial officer. "Assuming 50 percent of eligible employees participate, the program is estimated to yield annual labor savings of about $7 million." Benefit payments will be borne by the company's pension plan trust, which the company says will continue to be well funded.Peoples serves about 1 million retail natural gas customers in Chicago and northeastern Illinois.
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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
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