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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
SoCal Ed 'Bailout' Dying a Slow Death
LCG, Aug. 21, 2001--When California Gov. Gray Davis announced last April that he had arranged a deal with Southern California Edison Co. for the state to purchase the utility's transmission assets for $2.76 billion and thus provide SoCal Ed with money to pay some of its enormous debt, there were a couple of important conditions.One, the deal had to be done by August 15, and two, the arrangement agreed to between the governor and the company were not subject to alteration. The governor even got into a shouting match with a lawmaker over the second provision, with Davis using language that would make a sailor blush.The deadline came and went with the state legislature on its summer recess, but SoCal Ed, grasping at straws as bankruptcy stares it in the face, said it would wait until the lawmakers returned.Today, Davis is expected to offer a "compromise" plan to the Assembly Democrat caucus that SoCal Ed may find hard to swallow.Gone would be the deal to buy the utility's transmission system, though it would remain an option. In place of the $2.76 million, the state would allow SoCal Ed to issue up to $2.9 billion in revenue bonds -- tax exempt bonds guaranteed by the company's future collections from ratepayers -- and use that money to pay some of its bills, but the state would say which bills.SoCal Ed would use some of the bond proceeds to pay off so-called "qualifying facilities," independent power producers created by the national Public Utility Regulatory Policies Act of 1978, but not the independent power producers who purchased generating facilities belonging to the state's investor-owned utilities. The company would have to find its own resources to pay the $1 billion it owes the latter. The "compromise" aligns the utility's "rescue plan" with legislation passed last month by the state Senate and dismissed at that time as "unacceptable" by Southern California Edison. But it has been passed by the Senate and shows signs of progress in the Assembly.And that looks as though it is as close as Davis is going to get to his original agreement with SoCal Ed.
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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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