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News
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LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.
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LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.
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Industry News
Williams Has Deal With Buffett and Banks
LCG, Aug. 1, 2002--An agreement between troubled William Cos. Inc., investor-billionaire Warren buffett and Lehman Brothers to sell oil and gas assets it bought only last year allows Williams to increase its total borrowing capability and improve its cash situation.Buffett's Berkshire Hathaway Inc. and Lehman Brothers provided a $900 million senior secured credit agreement (senior being a higher level of obligation than junior). In return, MidAmerican Energy Holdings, under Berkshire Hathaway, receives preferred stock in Williams. Hugh Welton, a senior director at Fitch Ratings, a credit-rating agency, said, "it's pretty spectacular the amount of stuff they've done in a week, though it's been at the expense of selling some good assets that have contributed to their earnings profile."Aside from the Buffet-Lehman Brothers deal, $1.1 billion of credit was secured through an existing line of $700 million, plus $400 million in new credit. Some of the other asset sales made by Williams included a $350 million sale of Wyoming natural gas assets to Encana Corp., and nearly all of its gas-related holdings in the Anadarko basin to Chesapeake Exploration LP, for $37.5 million.Other energy companies have been worried at what was the very real prospect of a credit default this week by Williams, which would have contributed to a more dismal outlook for those companies already trying to improve fallen credit ratings. Dynegy this week sold its Northern Natural Gas pipeline to Buffett for $928 million.
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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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