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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
Greenspan Says Oil and Gas Prices to Affect Businesses
LCG, Apr. 28, 2004--The increases in the prices of oil and natural gas experienced in the U.S. over the last several years will likely not be reversed soon, the chairman of the Federal Reserve, Alan Greenspan, has said.The chairman also indicated that he thought that industries with significant energy intensity, including petrochemical and fertilizer producers, might shift production to areas of the world with lower gas costs, in order to remain competitive. Greenspan also pointed out that during the last sustained rise in oil prices, in the '70's, consumers purchased more fuel-efficient vehicles, although he did not forecast the same reaction would occur again.As he has previously, Greenspan called for expansion of infrastructure to allow imports of liquefied natural gas from countries besides Canada, which is already exporting as much as possible while still being able to supply its own needs.The Fed chairman remarked on delivery contracts for six years in the future, which he said are at $27, whereas such contracts went for $16 to $18 in 1999. Natural gas prices have risen approximately 180 per cent above the 1999 price of $2.50 per million British thermal units.
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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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