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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
TVA's Leasing Deal Seen As Avoiding Debt Cap
LCG, Jan. 30, 2002--The budget proposal to be released next week by President Bush, the Tennessee Valley Authority will show $300 million more in liabilities than the agency believes it has.According to the Wall Street Journal, new attention to strict accounting standards caused the Office of Management and Budget to classify the TVA's leasing deal for a natural gas plant as a debt. TVA owned the plant until it arranged with a unit of Pittsburgh-based PNC Financial Services Group Inc. to receive a one-time payment for the plant, which was under construction, and then lease the plant in order to cover outstanding construction costs.The TVA is allowed to borrow up to $30 billion, but having outstanding debt on the plant would have put its debt above $25.4 billion. Its management would like to be able to expand its generating assets. By taking the gas-fired peaking plant off its list of assets, it avoids fluctuations in the plant's market value, and as chief financial officer David Smith says, it is able to "build flexibility into our portfolio."The OMB has insisted that the arrangement be recognized as a long-term obligation, not a normal operating expense.
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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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