Minnesota Power Announces Vision for 100 Percent Carbon-Free Energy by 2050

LCG, January 13, 2021--Minnesota Power, an ALLETE company, yesterday announced its vision to deliver 100 percent carbon-free energy to customers by 2050.

Read more

NuScale Power and UAMPS Announce Agreements for Carbon-Free Nuclear Power Project

LCG, January 12, 2021--NuScale Power and Utah Associated Municipal Power Systems (UAMPS) announced yesterday that they have executed agreements to facilitate the development of the Carbon Free Power Project (CFPP).

Read more

Industry News

1,271 Office Workers to Lose Jobs in Entergy-FPL Deal

LCG, Nov. 15, 2000--The merger between Entergy Corp. and FPL Group Inc. will cost 1,271 office workers their jobs in New Orleans and Juno Beach, Fla., according to a filing with the Arkansas Public Service Commission.

Details of the merger were filed with Arkansas regulators because Entergy's Entergy-Arkansas unit is that state's largest electric utility. The two companies announced the $7 billion combination on July 31.

Entergy spokeswoman Yolanda Pollard explained yesterday that the job cuts will come at each of the two companies head offices. "These are corporate administrative and technical support areas," she said. "This will eliminate redundant positions between the two headquarters."

The filings said the job cuts will save the new company about $1.12 billion over the next 10 years. Most of the layoffs will occur shortly after the merger becomes final. The companies expect to close the transaction late next year.

Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service