EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

Read more

PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

Read more

Industry News

AEP to Split into Two Firms, Target Wholesale Power

LCG, Nov. 1, 2000--American Electric Power Co. chief executive E. Linn Draper said yesterday his company plans to split into two companies, one to focus on competitive wholesale power and the other to operate the company's regulated businesses in the U.S. and abroad.

"Our focus for growth moving forward, plain and simple, will be the wholesale business; generation and related energy assets, wholesale marketing and trading," said Draper who was addressing a San Francisco conference sponsored by the Edison Electric Institute.

He also said that AEP has decided not to pursue combination of its 100 percent owned British regional electric company Seeboard Plc with Yorkshire Electricity Plc, another REC it owns in equal shares with Xcel Energy Inc. AEP would have bought out Xcel under the plan.

Draper said that AEP would apply later this week to the Securities and Exchange Commission for authority to form the two companies. The two firms would be under am umbrella holding company, he said.

Draper would not say whether public offerings were contemplated for selling stock in the two new companies. "We have a number of options to consider, but we expect it will take at least a year" to get necessary regulatory approvals and complete all the paperwork to set up the companies he said.

Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service