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News
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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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LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.
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Industry News
More Firms Bare Exposure to Enron Fallout
LCG, Dec. 3, 2001--Twenty more companies were added over the weekend to the list of 33 energy and financial firms admitting to exposure to millions of dollars in losses that could result from the collapse of Enron Corp.Standard & Poor's said on Friday it has reviewed a number of credit derivative transactions in which Enron appears and found exposure to the company in three different types of these transactions. Divided among these deals, direct Enron credit exposure potentially could total $3.3 billion.To the list of 33 potential losers reported in this space last Friday, these companies can be added:- ABM Amro - 110 million euros ($98 million U.S.).
- Abbey National (UK) - 115 million ($164 million U.S.).
- Aegon NV (Netherlands) - loans of $300 million.
- Denbury Resources - about $26 million.
- FPL Group - about $2 million.
- John Hancock Financial Services Inc. - $320 million exposure to Enron's bonds, about one third of that debt secured.
- International Power Plc - less than 2 million.
- KCS Energy Inc. - around $3.8 million from hedges and oil and gas sold through Enron units.
- MetLife Inc. - $63 million.
- National Fuel Gas - $10.4 million.
- Nicor Inc. - under $5 million.
- Oneok Inc. - under $40 million before tax.
- PG&E Corp.'s National Energy Group - uncollateralized exposure of about $8 million plus commodity hedge contracts with a market value of about $70 million based on forward prices.
- Principal Financial Group - $171 million, plus another $50 million from investments in Enron-related entities.
- Royal Bank of Scotland - 600 million ($856 million U.S.).
- Sony Bank - $3 million.
- Sumitomo Mitsui Banking Corp. - $210 million.
- UtiliCorp United Inc. - two unsecured promissory notes totaling $31.5 million.
- Westport Resources - less than $3.2 million in commodity sales contracts.
- Wiser Oil - $6.1 million in 2001 and 2002 hedges.
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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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