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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
Huaneng to Acquire Shandong for $697 Million
LCG, July 19,2000--Huaneng Power International Inc. and Shandong Huaneng Power Development Co. Ltd. announced jointly yesterday an agreement under which Huaneng will acquire Shandong for 1.34 renminbi per share. In the U.S., American Depositary Receipts representing 50 shares will be paid for at $8.0922.The cash deal values Shandong at $697 million, and represents a premium of 72.6 percent over the closing price for Shandong ADRs on July 17. Li Xiaopeng, chairman of Huaneng, said that with the acquisition his company "will furtherconsolidate its position as the largest independent power producer in Asia, with 10,813.5 megawatts of installed capacity and approximately 5,520 megawatts under construction and development."He pointed out the geographical advantages of the deal, saying "The addition of Shandong's power plants further strengthens Huaneng's portfolio of strategically located assets, allowing us to provide more extensive coverage to China's coastal regions, including Liaoning, Hebei, Shandong, Jiangsu, Fujian and Guangdong provinces, and Shanghai municipality. These regions remain to be the most important and dynamic in the country in terms of economic development." Yu Xinyang, Shandongs chairman, said "This merger is beneficial to Shandong's shareholders. It allows Shandong's domestic shareholders to cash in their investments. The merger consideration, which is at a premium over Shandong's ADR trading price, will also benefit Shandong's foreign shareholders."The merger is subject to, among other things, the approvals of the respective shareholders of Huaneng and Shandong and the relevant regulatory bodies in China, as well as compliance with the procedures and filing requirements of the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Ltd.The companies said they expect to complete the transaction by the end of the 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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