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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
Southern California Edison Nearly Debt-Free
LCG, Mar. 1, 2002--Southern California Edison today is expected to pay out about $5.5 billion, removing debt from the utility's books, and taking care of overdue bills from power suppliers large and small.The payments would be made partly from $3.4 billion of available cash, and from $400 million collected from ratepayers in the last two months. The utility has been working to secure a loan from investment banks worth $1.6 billion, backed by Edison first mortgage bonds, which are secured by its assets.In January 2001, Edison went into debt after failing to make payments to suppliers for deliveries in November and December of the year just past. If the payments expected today are carried out, Edison would still not be considered creditworthy. It expects to continue to make up for the difference between its collections from ratepayers and the prices at which it bought power through next year. As part of a settlement of a suit SCE brought against the California Public Utilities Commission last year, the state must maintain higher power rates at least until SCE has recovered the difference in full."Payment is contingent on closing the financing, but it is still our intent to make the payments tomorrow," Brian Bennet, vice president of external affairs for Edison International, the company's parent, said.
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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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