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News
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LCG, March 205, 2025--The Southwest Power Pool (SPP) today announced it will soon be the first regional transmission organization (RTO) in the nation to provide full services in both the Eastern and Western Interconnections of the U.S. power grid. On March 20, the Federal Energy Regulatory Commission (FERC) unanimously approved Southwest Power Pool’s amended tariff that includes provisions that enable Western members to join the RTO. The expansion of the SPP RTO is scheduled to go live April 1, 2026.
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LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.
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Industry News
TVA's Leasing Deal Seen As Avoiding Debt Cap
LCG, Jan. 30, 2002--The budget proposal to be released next week by President Bush, the Tennessee Valley Authority will show $300 million more in liabilities than the agency believes it has.According to the Wall Street Journal, new attention to strict accounting standards caused the Office of Management and Budget to classify the TVA's leasing deal for a natural gas plant as a debt. TVA owned the plant until it arranged with a unit of Pittsburgh-based PNC Financial Services Group Inc. to receive a one-time payment for the plant, which was under construction, and then lease the plant in order to cover outstanding construction costs.The TVA is allowed to borrow up to $30 billion, but having outstanding debt on the plant would have put its debt above $25.4 billion. Its management would like to be able to expand its generating assets. By taking the gas-fired peaking plant off its list of assets, it avoids fluctuations in the plant's market value, and as chief financial officer David Smith says, it is able to "build flexibility into our portfolio."The OMB has insisted that the arrangement be recognized as a long-term obligation, not a normal operating expense.
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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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