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News
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LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.
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LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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Industry News
Williams Cos. and CFTC Reach Settlement over Natural Gas Trading Allegations
LCG, July 30, 2003Williams Cos. and its electricity trading subsidy came to a $20 million settlement with the Commodity Futures Trading Commission over allegedly manipulative published trading information. Last year, Williams publicly and voluntarily reported that some of its non-managerial employees had submitted inaccurate natural gas trading data to industry publications. These employees were put on leave and eventually dismissed. The Commission alleges that Williams Cos. reported falsified price and volume information to industry publications, resulting in the creation of unrealistic indices. These published indices were, in turn, used by others to gauge appropriate prices for wholesale natural gas contracts. While Williams Cos. and its unit Williams Energy Marketing & Trading Co. agreed to pay $20 million to the CFTC, the companies admit no wrongdoing. The Commission announced the settlement yesterday. Oklahoma-based Williams Cos. has ended its practice of providing data to industry publications and has moved its focus from trading to its core, natural gas businesses.
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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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