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News
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LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.
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LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.
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Industry News
FERC Re-Raises California Price Cap
LCG, July 18, 2002--The Federal Energy Regulatory Commission yesterday took two major steps aimed at the California power market, raising the state price cap for a second time and by ordering replacements for members of the board of the California Independent System Operator.In raising the price cap, the Commission said it found energy supply in the state too low, after a plant building boom which is nearly at an end. It hoped that a cap of $250 per megawatt-hour would encourage more plant construction, and deter possible market abuse such as megawatt laundering, or the selling of in-state power out-of-state, to be resold as coming from out-of-state.. California Gov. Gray Davis reacted negatively to the ruling, issuing a statement which said, "There is no justification for tripling the amount of money energy generators can siphon out of the pockets of California consumers."Most power consumed by Californians has been bought under long-term contracts, at prices which are in the process of being renegotiated. Some spot sales could take place at higher prices, nonetheless. The ISO board had supported raising the cap to $108, higher than the $91.87 cap set by the FERC last week. Last week marked California's first Stage 2 alert, triggered by low reserves.The ISO board was replaced in January 2001 by Gov. Davis, after he and the Legislature stated that its members were too connected to power generators. The current chairman, Michael Kahn, disagreed with FERC's finding that the board is not independent enough. The new board must be installed by January 2003.
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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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