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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
British Energy Struggles with Losses
LCG, Aug. 29, 2002--Losses experienced by British Energy through its power generation portfolio are serious enough to have led to the British government's holding high-level talks concerning possible government assistance.Operating losses have amounted to approximately $60 million in the fiscal year just past, up by 70 percent compared to losses in the previous fiscal year. British Energy was privatized in 1996, and supplies Britain with one-quarter of its power needs through eight plants, including highly efficient nuclear generators.Analysts say that part of its difficulties could be alleviated if it were not required to pay levies intended for climate control, as plants producing greenhouse gases do. Additionally, the effect of the collapse of Enron and the subsequent decline of liquidity and stricter credit control in the wholesale power market have dampened the potential for using derivatives for risk-management purposes.The Torness plant in Scotland has had to be closed, following malfunctions in key gas circulation turbines. The government is said to be considering a possible bailout and return to partial or full public ownership, although even the infusion of cash brought by such a bailout would not necessarily end the company's problems. "It's almost inconceivable that the government would let British Energy go into receivership," commented Roger Reynolds, at Credit Suisse First Boston, in the New York Times.
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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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