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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
Derivatives Oversight Measure Defeated
LCG, Apr. 11, 2002--A measure that would have required public records and tracking of over-the-counter energy derivatives fell 12 votes short of the necessary 60 in the U.S. Senate, and was withdrawn by its lead sponsor, Sen. Dianne Feinstein (D-Calif.). Responsibility for oversight would have been given to the Commodity Futures Trading Commission. It would also have set capital requirements for online trading exchanges, whose operations would be made open to inspection.Strong opposition to the measure came from financial companies, banks and traders. Treasury Secretary Paul O'Neill and Federal Reserve Chairman Alan Greenspan have said that the regulation would provide no additional necessary regulatory oversight, and would create counterproductive legal complications within the derivatives market.A former chairman of investment bank Goldman Sachs Group Inc., Sen. Jon Corzine (D-N.J.), spoke in favor, saying the amendment "brings forward fairly simple and straightforward oversight functions." Goldman Sachs itself expressed the opinion that more work was needed before enacting a similar porposal.
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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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