|
News
|
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.
Read more
|
|
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.
Read more
|
|
|
Industry News
Continued Solvency of TVA Questioned in Report
LCG, Nov. 25, 2003--Two accounting professors with experience in utility analysis have completed a study in which they say that the Tennessee Valley Authority, the government-owned utility, will find it difficult to avoid bankruptcy or the need for a federal bailout.Dr. Paul MacAvoy, a management professor with Yale University, and Dr. Dennis Logue, the dean of the Oklahoma University School of Business, say that the inflated book value of nuclear plant assets is allowing the TVA to state a positive net worth. If those assets were written down to reflect their true economic worth however, or if the TVA should fare poorly after losing its monopoly status, the report concludes, the utility would find it unable to service its $25 billion debt load as its creditworthiness was downgraded.MacAvoy told the Chattanooga Times/Free Press in an interview that "some of TVA's accounting is like what Enron did before its bankruptcy." MacAvoy and Logue warned correctly that nuclear plant projects begun by the Washington Public Power Supply System, and which were abandoned in the 1980s, pointed the way to a default.Currently the debt of TVA is graded AAA by Standard & Poor's, and Aaa by Moody's Investors Service, which takes the TVA's government-owned status into account in assigning a high credit rating. Scott Taylor, with Standard & Poor's said that although the utility "is in a highly leveraged position ... it certainly is not in any dire straits." TVA is able to adjust its rates without regulatory approval. Dr. Logue cited a possible increase in interest rates and competition from other utilities as factors that could result in serious harm.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
