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News
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LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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Industry News
Britain's Ofgem Says Power Firms Have 'Rigged Market'
LCG, Aug. 13, 2001--The head of Britain's Office of Gas and Electricity Markets has warned that power companies have deliberately manipulated Neta, the new electricity trading market, to keepwholesale prices high, The Independent, an English newspaper, reported yesterday.Ofgem chief executive Callum McCarthy said that since the new energy trading arrangements were set up in March, he suspected that companies had knowingly abused the market. "There have been some instances where prices have unusually changed, which looks very hard to justify in normal market conditions," he said.McCarthy's complaint could be a ploy to gain additional clout for his agency. His comments come as the Department of Trade & Industry is due to decide whether to give Ofgem full powers to investigate such abuses, the paper noted.McCarthy said that price fixing is more difficult under the new trading arrangements that it was under the previous power pool, but he believes companies still withhold generating capacity to influence prices. Without the new powers he is seeking, "the market will be more open to manipulation, and quite simply electricity prices will be higher. Ofgem has an obligation to protect the interests of consumers," he said.Ofgem previously had included in its business licenses a "good behavior" clause under which companies could be put out of business for suspected abuse of market power. When British Energy Plc and AES Corp. of the U.S. refused to sign such contracts, the matter went to the British Competition Commission, which ruled last year there was no need for the clauses.McCarthy has been pushing to have the clauses restored, in one form or another, ever since.The Electricity Association, a trade organization in the UK, said in a letter to the Department of Trade & Industry that it was "strongly opposed" to Ofgem's proposals and that new abuse clauseswould deter new generators from entering the market.
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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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