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News
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LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.
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LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.
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Industry News
Proposed OTC Market Regulation Garners Mixed Opinions
LCG, April 8, 2002-Senator Dianne Feinstein's proposal for a transparent over-the-counter derivatives market is feared by some to lead to a more ambiguous and secretive energy market.California's Democratic Senator Feinstein has attempted to require price disclosure and capitalization requirements for market players who participate in over-the-counter (OTC) markets. OTC participants trade outside regulated exchanges. The energy bill which includes this amendment will be debated in Congress today.Energy consultants and analysts, such as Peter Fusaro from Global Change Associates, insist that transparency legislation will just result in such markets moving offshore. Spokesmen from Dynegy and IntercontinentalExchange also oppose the legislation, insisting that the government officials do not properly understand the market.Legislators charge that the opaque OTC market was manipulated to affect power prices last year, and many analysts and economists assert that this legislation could prevent what happened to Enron.Economist Randall Dodd, previously of the CFTC, said "If Enron (Online) had been properly capitalized and collateralized I think Enron as a derivatives dealer would have survived - and that was the most profitable part of their business"
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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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