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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
OPEC Pressures Russia on Oil Production
LCG, March 18, 2002-With a sluggish world demand for oil, OPEC is concerned that Russia, as the world's second largest oil exporter, will not limit its oil production.The International Energy Agency (IEA) changed its forecast for growth in worldwide oil demand from 500,000 to 420,000 barrels per day, 0.55 percent of the world's total of 76 million barrels a day.Russia promised to decrease its first quarter production by 150,000 barrels per day, although exports were reportedly up 940,000 barrels per day in February. OPEC has demanded that Russia continue limiting its oil production in the second quarter, but Russian officials do not want to lose market share or give up revenues that the struggling country needs. Experts say that Russia's mostly private industry may export more oil than reported even if the Russian government vows to limit production. OPEC secretary general Ali Rodriguez and president Rilwanu Lukman could not convince Russian officials to devote themselves to future agreements with OPEC, although Russia avoided rejecting Opecs demands outright.
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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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