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News
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LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.
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LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.
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Industry News
SoCal Ed Won't File for Chapter 11
LCG, Sept. 19, 2001--Edison International Inc., the parent holding company for insolvent Southern California Edison Co., said yesterday that SoCal Ed will not seek protection under Chapter 11 of the bankruptcy law and will "vigorously" defend itself against involuntary bankruptcy."We do not intend to file voluntary bankruptcy," said Ted Craver, chief financial officer of Edison International, in a conference call. "We ask our creditors to continue to forbear and work with us." He added "we will vigorously oppose any involuntary bankruptcy petition."The California legislature adjourned for the year Saturday without passing legislation that would enable the state to "rescue" SoCal Ed from bankruptcy, and though Gov. Gray Davis has vowed to call a special session to get the legislation done there appears little chance the lawmakers will give him what he wants.With little hope for a legislative solution that would restore the creditworthiness of the utility, there is a growing possibility that some creditors may feel that half a loaf is better than none. It would take only three of SoCal Ed's hundreds of creditors to force the company into involuntary bankruptcy.Craver admitted the possibility, saying "to be completely frank about it, the bankruptcy risk is higher today" than it was before the legislature adjourned.
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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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