EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

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

TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

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

Investment Banks Entering into More Energy Trading

LCG, June 3, 2004--Electricity, oil and natural gas are appearing on the balance sheets of an increasing number of New York-based investment banks, as they try to help clients overcome weakened credit ratings as well as profit from volatility in the prices of those commodities.

According to the Wall Street Journal, Citigroup Inc. has added oil specialists to its ranks, while Goldman Sachs Group Inc. and Morgan Stanley have signed contracts that they are backing up with acquisitions of fuels and electricity. They are trading on the commodities, and making markets for industries with large fuel consumption, such as airlines, as well as for speculative traders such as hedge funds.

TXU Corp. has entered into a joint venture with Credit Suisse First Boston, which has a stronger credit rating, to trade natural gas and electric power. Such partnerships may increase in number as investment banks seek to enter businesses different from their traditional roles, and energy companies recover from their aggressive capital outlays to build power plants a few years ago.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation 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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service