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News
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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
Watkins Says Enron Partnerships Common Knowledge
LCG, Feb. 15, 2002--Partnerships approved by senior executives at Enron were kept in place by intimidation and deception, company executive Sherron Watkins testified at a hearing of a House Energy investigations subcommittee.In a meeting with chairman Ken Lay in August, Watkins brought up her concerns that losses were being improperly hidden through outside partnerships that were financed using Enron's own stock. Lay, Watkins thought, "didn't understand the gravity of the situation." In talking to other employees, Watkins found that the partnerships were considered to lack a solid foundation, but criticism of their risks met with intimidation from chief executive Jeffrey Skilling and chief financial officer Andrew Fastow. She further testified that Skiling, who claimed ignorance of any accounting misdeeds in testimony last week, "did dupe Ken Lay and the board," and that she would be incredulous if Skilling were not aware of Fastow's practices.Watkins' meeting with Lay took place, Watkins said, when she learned that Fastow might be chosen to replace Skilling as chief executive after Skilling's sudden resignation. Fastow had alllegedly demanded that she be fired after he learned of her meeting with Lay.According to Bruce Hiler, Mr. Skilling's lawyer, "everything she said about my client is based either on hearsay, rumor or opinion." Accountant Arthur Andersen's spokesman Patrick Dorton said that Watkins, who worked at Arthur Andersen earlier in her career, "was not in a position to form judgments" concerning Andersen's professional advice to Enron.
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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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