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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
Duke and AEP's 765-kV Transmission Project in Indiana Gains Momentum
LCG, December 9, 2011--Duke Energy announced yesterday that Pioneer Transmission, a 50-50 joint venture formed by Duke Energy and American Electric Power (AEP), will begin engineering, permitting and siting activities next year on the 765-kV Greentown-New Reynolds project, designated yesterday as one of 17 Multi-Value Projects (MVPs) included in the Midwest ISO (MISO) Transmission Expansion Plan. The Plan is designed to enhance regional power system reliability, improve market efficiency, enable public policy mandates and facilitate the integration of new generation resources, including renewable energy.
The proposed transmission line will be constructed in Indiana and extend approximately 66 miles to connect the existing Greentown substation (east of Kokomo) with a new substation called New Reynolds (north of Lafayette). The specific route has yet to be finalized. The estimated cost of the 66-mile Greentown-New Reynolds project is $245 million. Pioneer Transmission will build and own the New Reynolds substation to handle the interconnection of multiple power line voltages at this location.
Pioneer Transmission plans to file a petition for public utility status with the Indiana Utility Regulatory Commission by year-end.
The project is part of a larger, 240-mile transmission project in Indiana originally proposed by Pioneer Transmission in 2008 and estimated to cost $950 million. The larger project will be evaluated by PJM and MISO next year.
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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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