News
LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.
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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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Industry News
Midwest ISO Begins 45-day Market Test
LCG, Aug. 2, 2001--The Midwest Independent Transmission System Operator Inc. yesterday began 45 days of market trials, a series of validations and drills it hopes will demonstrate its ability to operate the first regional transmission system in the Midwest.The Midwest ISO is expected to become operational this coming December 15, but first must show the Federal Energy Regulatory Commission that all necessary features are in place to ensure continuing reliable grid operations."With the help of our transmission owners we are beginning the readiness demonstrations that willtest all of our systems, from the initial point when transmission requests are made to the time whenthe bills are issued," said Michael J. Gahagan, chief information officer.The ISO said it will conduct drills in the following operational areas: transmission market activities, tagging and scheduling, flowgate verification, transmission (operational) planning, security coordination, security response, outage scheduling, maintenance coordination, 24x7 operations and daily and monthly settlements and billing.
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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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