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News
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LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.
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LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.
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Industry News
California Poised to Authorize Legislation to Reduce Greenhouse Gas Emissions
LCG, August 31, 2006--California is poised to approve legislation intended to reduce greenhouse gas (GHG) emissions. Assembly Bill 32, or the "Global Warming Solutions Act of 2006," incorporates the goal Governor Schwarzenegger set last year to reduce GHG emissions to 1990 levels by 2020.
After extensive negotiations between Democratic lawmakers and Governor Schwarzenegger, the bill is now expected to be sent to the Governor for approval by midnight on today, when the legislative session ends. The Governor has agreed to sign the bill. The legislation includes a statewide cap on GHG emissions from electric utilities, refineries, and other selected industries. The program is scheduled for implementation in 2012. The goal is to reduce GHG emissions 25% by 2020 in order to alleviate concerns of global warming that may be caused by such emissions.
The California Air Resources Board would be responsible for developing the regulations, including an as-yet-to-be defined trading system, plus a mandatory reporting system to track emissions from the many sources. The bill would allow for the governor to lift the cap for one year in the event of extraordinary circumstances.
Related legislation that is anticipated to be sent to the Governor is Senate Bill 1368, which is designed to prevent California utilities from executing long-term power purchase agreements for electricity from coal plants, which generally emit the greatest quantity of GHGs (primarily carbon dioxide, or CO2) per unit of electricity generated of any type of electric generating facility.
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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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