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News
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LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.
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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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Industry News
Southern Completes Mirant Spin-off Yesterday
LCG, April 3,2001The Southern Company announced this morning it has completed the spin-off of Mirant Corp. through the distribution of all of its 272 million shares of Mirant common stock. Southern owned about 80 percent of Mirant, which was formerly known as Southern Energy.After the close of the market yesterday, Southern Co. stockholders were issued not quite four shares of Mirant common stock for each share of Southern Co. owned on the March 21 record date. Cash will be issued in lieu of fractional shares, the company said.The Southern Co. seemed concerned that many of its shareholders were novice investors, and would have a hard time understanding that their Southern Co. shares were now worth less that they were yesterday, the difference being the equivalent of the distribution they received of Mirant stock and cash.Because the value of Mirant previously embedded in Southern Co.'s share price has been distributed directly to Southern Co. shareholders, one would expect the share price of Southern Co. to be lower following the spin-off, said Gale Klappa, chief financial officer."After the distribution, shareholders should combine the dollar value of their Southern Co. holdings with the value of their Mirant holdings to determine the total value of their investment," Klappa said.
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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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