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News
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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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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
Panda Power Funds Dedicates 758-MW Combined-Cycle Facility in Texas
LCG, November 21, 2014-Panda Power Funds dedicated its new, natural gas-fueled, combined-cycle power plant in Sherman, Texas yesterday. Construction on the Sherman Generating Station started in July 2012. The dedication of its sister facility in Texas, Temple I, occurred in late September.
The Sherman and the Temple I facilities both employ a Siemens power island package that is designed to enable the gas-fired combustion turbines to begin producing electricity in 10 minutes and reach full load within 30 minutes. The entire plant is designed to be able to achieve maximum power production in less than 60 minutes. The rapid start-up and ramping are especially of value in Texas, with its ever-growing intermittent renewable electric generating capacity from wind and solar facilities.
Panda Power has a number of projects moving ahead in the United States. In Texas, Panda Power plans to complete another combined cycle block, Temple II, which is scheduled to begin operations next year. Moreover, in August, construction began in Pennsylvania on the Patriot Power Project, a natural gas-fired, 829-MW project that is strategically sited in the Marcellus Shale formation, one of the largest natural gas fields in the world. The project is scheduled to enter commercial operations in mid-2016. In Leesburg, Virginia Panda is planning yet another gas-fired combined cycle plant, the Stonewall Energy Project. This 778-MW project is anticipated to be completed in 2017.
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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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