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News
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LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.
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LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.
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Industry News
AEP Emphasizes Core Utility Operations
LCG, Jan. 24, 2002--American Electric Power Co. (AEP) announced that following a fourth-quarter loss of $837 million, it will sell domestic and overseas non-utility assets, many of which have recently fallen in value, and reduce its workforce by 1,300, or about 5%.The company is reducing its dividend to 35 cents a share from 60 cents in order to improve liquidity and reduce borrowing costs. "The once flourishing wholesale market is no longer the promising business we contemplated three years ago," said AEP chairman, chief executive and president, E. Linn Draper Jr. The company, which has most of its power generation assets in the Midwest, has already reduced its trading operations, like many other energy companies hurt by a loss of investor confidence.Draper noted that the company would be operating according to the "traditional model" of the regulated utility. While AEP has written off $1 billion in asset value this quarter in recognition of poor market conditions, it plans to sell subsidiaries such as AEP Coal at the best prices possible, without rushing to turn them into cash.
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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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