News
LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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Industry News
California Capsule: $10 Billion Bond Issue to Go Ahead
LCG, April 9, 2001California state Treasurer Phil Angelides said late Friday that the bankruptcy filing by Pacific Gas & Electric Co. will not affect the planned $10 billion bond issue to provide funds for long-term power purchases for the state.Angelides told Reuters that the bankruptcy could actually help the state issue the bonds, as well as close a bridge loan announced last week. The bridge loan would provide funds until the bonds could be sold."We are moving forward," Angelides said. "(The bankruptcy) could increase certainty in the process because certain agreements will now have to go through a court."Angelides has stressed the need for the bond issue to provide funds for the California Department of Water Resources to negotiate long-term power purchase contracts at relatively reasonable prices. The state has been buying power on the spot market at a cost of about $50 million a day, money that comes from the state's general fund.There's more, but not much.- A unit of The Williams Cos. said Friday afternoon that it has received authorization from the Federal Energy Regulatory Commission to build and operate emergency facilities on its Kern River natural gas transmission system. The enhancements, which will include two new compressor stations in Utah and one in California, will add about 19 percent to the system's capacity.
- Williams said it has also received approvals from various agencies in Wyoming, Utah, Nevada and California for the system improvements. Work will begin immediately, the company said, and should be complete by July 23.
- Calpine Corp. said this morning that it was confident that PG&E would come out of its bankruptcy and pay for power purchased from Calpine's "qualifying facilities." PG&E owes Calpine about $267 million in accounts receivable and there is also a $68 million note receivable that is not yet due. Calpine's QFs are the geothermal generation properties it owns at The Geysers, north of San Francisco.
- The California Independent System Operator this morning declared a Stage 2 power emergency, citing colder than normal weather. The ISO also reported a loss of generating and transmission capacity as it urged Californians to conserve electricity.
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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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