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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
RGGI CO2 Auction Price Exceeds $3/ton
LCG, September 30, 2008--The ten, northeast states participating in the Regional Greenhouse Gas Initiative (RGGI) yesterday announced that the auction of carbon dioxide (CO2) emissions allowances held on September 25, 2008 were sold at a clearing price of $3.07 per allowance. All of the 12,565,387 allowances offered for sale were sold.
The ten states participating in RGGI, a cap-and-trade program designed to reduce greenhouse gases, are Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Hampshire, New York, Rhode Island and Vermont. The RGGI program goals include CO2 emissions held to a capped target through 2014, after which the cap is reduced by 2.5 percent annually through 2018 to achieve a 10 percent reduction in CO2 emissions.
Proceeds from the auction totaled over $38 million, which will be shared by the six states - Connecticut, Maine, Maryland, Massachusetts, Rhode Island and Vermont - participating in the initial auction. These states plan to use the funds for energy efficiency and renewable energy technologies to benefit energy consumers.
Another CO2 allowance auction is scheduled to occur on December 17, 2008. RGGI plans quarterly auctions during the first three-year compliance period, which runs from January 1, 2009 to December 31, 2011.
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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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