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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
Entergy to Close FitzPatrick Nuclear Station in New York
LCG, November 5, 2015--Entergy Corporation Monday announced that it will close the James A. FitzPatrick Nuclear Power Plant in New York. Entergy stated that the decision is driven by reduced revenues cause by low natural gas prices and a market design in New York that does not adequately compensate nuclear power generation for the benefits provided. Entergy reported to the operator of the electric grid, the New York Independent System Operator (NYISO), and to the New York State Public Service Commission that it will retire the plant at the end of the current fuel cycle, which is expected to occur in late 2016 or early 2017.
The James A. FitzPatrick Nuclear Power Plant is an 838-MW electric generating station with over 600 employees. The carbon-free facility is located in Oswego County and began commercial operations in 1975. In 2008 the Nuclear Regulatory Commission (NRC) extended the operating license for the facility to October 17, 2034.
Entergy's chairman and chief executive officer stated, "Given the financial challenges our merchant power plants face from sustained wholesale power price declines and other unfavorable market conditions, we have been assessing each asset. As part of this review, we previously announced the closure of the Pilgrim Nuclear Generating Station in Massachusetts and have now decided that despite good operational performance, market conditions require us to also close the FitzPatrick nuclear plant."
Entergy stated that its estimates of current and forecast power prices have fallen by about $10 per megawatt-hour, which equates to a projected annual loss of more than $60 million in revenues for FitzPatrick. Moreover, the plant owner receives no compensation for providing carbon-free electricity from a highly reliable facility, with on-site fuel storage.
Over the past two months, Entergy and New York State officials were unable to resolve the problem and achieve an agreeable solution.
The Governor of New York stated, "The closing of the James A. FitzPatrick Nuclear Power Plant will devastate the lives of the more than 600 employees and their families. Good corporate citizenship must appreciate that there are many factors that count as the 'bottom line.' The State of New York will pursue every legal and regulatory avenue in an attempt to stop Entergy's actions and its callous disregard for their skilled and loyal workforce."
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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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