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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
Wind Power Energized by Production Tax Credit
LCG, September 28, 2004--The House and Senate approved the Production Tax Credit for wind generation, and President Bush is expected to sign the legislation shortly. The credit, which provides for 1.5 cents for kilowatt-hour of electricity produced, had expired at the end of last year, seriously undermining the economics of new wind projects. The legislation will extend the tax credit retroactively from January 1, 2004 through December 31, 2005.Wind generation in the United States has grown rapidly. An estimated 1,687 MW of capacity was added in 2003, with total wind capacity approaching 6,400 MW. However, when the production tax credit became bogged down in the national energy bill, investments in wind projects in 2004 were put on hold.Wind developers are now ready to move forward with the production tax credit extended and other market drivers working favorably with respect to wind. Over the past year, Eastern coal prices have risen significantly, and natural gas prices remain relatively high. With fuel prices high, wholesale electricity prices have been elevated around much of the country. Furthermore, recent state legislation and local goals for renewable portfolio standards are motivating many public and investor owned utilities to actively pursue wind projects.
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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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