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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
Tentative Approach Made by AEP to Join PJM
LCG, Oct. 16, 2003--American Electric Power Co. has avoided making a full-fledged committment to yield control over its transmission system to the grid operator PJM Interconnection LLC, leaving uncertainty as to whether it and other utilities may ultimately be part of PJM or the neighboring Midwest Independent Transmission System Operator.The utility said it would become a member of PJM, but to a very limited extent that would not cover its inclusion in the grid operator's electricity market. Part of the utility's reluctance to be a fully participating member in PJM is based on opposition by Virginia and Kentucky, states where concern exists over the possibility that PJM would give lower priority to the utility's customers there than would AEP. The Midwest ISO said in a statement filed with the Federal Energy Regulatory Commission that "the proposal represents very little forward progress and carries a very destabilizing policy implication."The ability of the PJM and Midwest ISO to agree on operating standards will not be helped while the membership of utilities along their common border remains unclear. While AEP's service territory is relatively large, that lends extra weight to any decision it makes. Numerous utilities, among them Exelon Corp., Constellation Power Source, and Public Service Enterprise Group, many of them in PJM, want AEP to commit itself fully, so that market rules and operations can be developed with broad participation. The Virginia State Corporation Commission has signalled that it will continue to oppose such a move.
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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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