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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
Petroleum Reserve Purchases Should Be Put on Hold, Senate Resolution States
LCG, Mar. 15, 2004--High gasoline prices have prompted a number of Senators to advocate that further purchases of oil for the purpose of adding to the national Strategic Petroleum Reserve be put on hold, a step that the Bush administration has resisted taking.Similar calls were made by former Vice President Gore when he campaigned against then-Governor Bush for the presidency, although he had earlier called such use of the Reserve vulnerable to further supply cuts by foreign oil producers. At the time, Treasury Secretary Lawrence Summers and Federal Reserve Chairman Alan Greenspan advised that a Gore proposal to allow purchases from the Reserve by domestic oil companies was not a good use of the SPR, which was created following the oil embargo of the 1970's.Just as he was during the presidential campaign, President Bush has remained opposed to lowering the requirements for holdings of oil in the Reserve, and his administration has no plans for putting purchases on hold. Currently, the level of the reserve, made up of crude oil stored among four sites in Texas and Louisiana, stands at 643 million barrels, out of a possible 700 million barrels at its maximum possible level.A nonbinding resolution passed by the Senate would prevent the federal government from making purchases until October 2005. Top House Republicans are reportedly opposed to the measure. The Department of Energy has stated the the reserve "should be used only for protection against oil supply disruptions, not to manipulate price." Its sponsors, Sen. Susan Collins, R-Me., and Sen. Carl Levin, D-Mich., have said that allowing oil to enter the marketplace rather than being added to the SPR could bring gasoline prices down by 10 to 25 cents per gallon.
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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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