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News
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LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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Industry News
FP&L Asks for 8.7 Percent Residential Rate Hike
LCG, Sept. 22, 2000In an effort to compensate for the soaring price of oil and an increase in natural gas prices, Florida Power & Light Co. has asked regulators for permission to increase the prices it charges customers for electricity.FP&L said it had file an application yesterday with the Florida Public Service Commission for a fuel cost adjustment rate increase that would boost residential rates by 8.7 percent for two years. The company said it spread the cost increase over two years to lessen the immediate impact on ratepayers, but it did not promise not to come back next year and ask for another increase if its fuel costs keep on rising.Each year, typically in September or October, Florida utilities adjust the fuel, environmental,purchased power and conservation components of the customer bill to true-up actual expenses for the past year and project expenses for the coming year. The adjustments, once reviewed and approved by the PSC, will appear on customer bills during the following calendar year. FP&L is asking that the increased costs be recovered over two years."Our plan includes spreading $518 million in unrecovered fuel expenses over a two-year period,rather than the typical one-year timeframe. This way, we are able to ease some of the impact of these extraordinary increases in fuel costs on our customers," said Paul Evanson, the utility's president.The 8.7 percent increase will cost the typical FP&L residential customers almost six and a half bucks a month, the company said. And it figures that's all it can get away with. In its announcement, the utility said "As a further effort to lessen the impact of clause adjustments on customer bills, FPL has asked the PSC to spread the cost of a $222.5 million buyout of purchased power contracts with two Palm Beach county power plants over five years and delay the start of recovery from customers until2002."
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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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