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News
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LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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Industry News
AEP Buys Two Edison International UK Power Plants
LCG, Oct. 8, 2001--American Electric Power Co. Inc. said this morning it had agreed to buy 4,000 megawatts of coal-fired generation in the UK from U.S. company Edison Mission Energy in a deal valued at $960 million.AEP said the purchase prices for the 2,000 megawatt Fiddler's Ferry plant and the 2,000 Ferrybridge station worked out to an attractive $240 per kilowatt.Edison Mission Energy, a subsidiary of Edison International Inc. and sister company to beleaguered utility Southern California Edison Co., found no joy in the numbers and said it will take an after-tax write-off of about $1.18 billion on the deal.Edison paid PowerGen Plc about $2 billion for the power plants just over two years ago."This investment has been a major disappointment for (us)," said Al Fohrer, Edison Mission Energy's president and chief executive. "While the plants have run well, given the market conditions, the operating losses and cash requirements likely to result in the foreseeable future from the existing debt structure were too large to maintain our ownership position. It is time to sell the plants, reduce our debt and eliminate the drag on our financial performance."AEP, on the other hand, believes owning the two power plants will increase its earnings by about 6 cents per share next year."The acquisition is consistent with the strategic objectives of our European business, which is to build a trading, marketing and optimization business across key aspects of the wholesale fuel and power generation value chain in Europe," said E. Linn Draper, AEP's chairman, president and chief executive.
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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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