EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

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.

Read more

TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

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.

Read more

Industry News

PG&E Asks to Speed Payment of Small Debts

LCG, Dec. 13, 2001--Pacific Gas & Electric Co. said yesterday it would like to speed up payment of claims against it for less than $100,000 by separating them from the review and approval process of the official creditors' committee.

Because those claims represent about 80 percent of the 12,000 total before the creditors' committee, the company believes that treating them separately would make resolution of the claims process more efficient.

"Since the company expects that settlement can be reached on most claims, the procedures proposed will facilitate the efficient resolution of the vast majority of claims in this case," PG&E said. The company estimates that the small claims total about $120 million.

A grand total of about $44 billion in claims have been filed against the utility, which figures it owes "only" about $13 billion, according to spokesman Ron Low.

The whopping $44 million figure may be due in large part to redundancy, PG&E said. The company estimated that at least $1 billion are exact duplicates, $4 billion are multiparty claims asked for in full by all parties and $3 billion in redundant claims from bondholders.

PG&E has asked the bankruptcy court to rule on its proposal to settle the small debts and to lump together those that it says are duplicative, unsubstantiated, or have already been settled.

U.S. Bankruptcy Judge Dennis Montali has scheduled both motions for hearing on December 27.

Copyright © 2025 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