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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

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Industry News

KCP&L's Cost Estimate for New Coal Unit Rises

LCG, May 9, 2008--Kansas City Power & Light (KCP&L) yesterday released a new, increased cost estimate for Iatan 2 of $1.82 - $1.92 billion, or about a 15 percent increase from the most recent estimates of December 2006. Prior to an increase in the design capacity, a "preliminary conceptual" estimate prepared in 2005 targeted the cost at $1.3 billion. Construction of the 850-MW, coal-fired unit located near Weston is scheduled for completion in the summer of 2010.

KCP&L president Bill Downey stated, "I think this is as good and accurate of a forecast as can be put together....This is an industry under extreme pressure with regard to labor (and material) costs." When more of the project engineering is completed at the end of the year, a new cost estimate may be released.

The head of the Missouri Office of Public Counsel stated that the new cost estimate should not be accepted without careful review.

KCP&L, a wholly owned subsidiary of Great Plains Energy Inc., owns 70 percent of Iatan 1 and 55 percent of Iatan 2, which is co-owned with Aquila and Empire District Electric.
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