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News
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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.
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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.
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Industry News
Rising Profile of Coal Underlined by Private Equity
LCG, June 15, 2004--Several private equity firms have bought U.S. assets of a German holding company, RAG Coal International AG, for approximately $1 billion, to form a new company, American Coal Holdings Inc., which will be the fourth-largest coal company in the U.S.The announcement of the deal in late May by First Reserve Corp., Blackstone Group, and American Metals & Coal International Inc., gives First Reserve and Blackstone 42.% stakes each in the company, while American Metals will own the remainder, without voting privileges.The assets include mines in Wyoming, Pennsylvania, West Virginia and Illinois, from which approximately 65 million tons are produced annually. The U.S. accounts for approximately one-quarter of global coal supply, while the price of the fuel in the U.S. has risen about 50%, after a sustained rise in natural gas prices, as well as in oil.Blackstone has made previous inroads into the energy sector, with previous purchases of stakes in both an oil firm and a petroleum refinery. First Reserve has already bought into a mining company and an owner of coal reserves.
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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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