EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

Read more

FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

Read more

Industry News

Madison Gas and Electric To Form Holding Company

LCG, Nov. 5, 2001--Madison Gas & Electric Co. said Friday it has filed a registration statement with the Securities and Exchange Commission regarding its proposal to create a holding company named MGE Energy, Inc.

MG&E said it is planning to build and own new power plants to meet growing customer needs and forming a holding company expands the company's options for financing this new generation. "The holding company structure gives us more financing flexibility for each new project we undertake" said Jeff Newman, MG&E vice president and treasurer.

The company stressed that it had no intention of pursuing global initiatives irrelevant to its Wisconsin customers. "MG&E will continue its focus on the utility business in our local communities," said Gary Wolter, president and chief executive. "We are a community energy company and will remain one. The holding company will only increase our ability to serve our customers and shareholders well."

Among the projects that prompted plans for the new holding company is a cogeneration project to provide steam and chilled water for the University of Wisconsin-Madison and electricity for householders in MG&E's service territory. The company said the holding company structure facilitates the construction and financing of this project.

Under the holding company proposal, shares of MG&E common stock would be exchanged on a one-for-one basis for shares of MGE Energy, Inc. Company shareholders will vote on the holding company proposal at their annual meeting next May. All other approvals are expected to be completed by summer 2002.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service