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News
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LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.
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LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.
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Industry News
Virginia SCC Authorizes AEP to Join PJM
LCG, August 31, 2004--The Virginia State Corporation Commission (SCC) yesterday authorized American Electric Power's (AEP) subsidiary, Appalachian Power Company (APCo), to transfer control of its transmission assets to the PJM Interconnection (PJM), with the implementation planned to occur October 1, 2004. Although PJM will control the transmission system, APCo retain ownership.State law requires Virginia electric utilities to accomplish such transfers by January 1, 2005, subject to approval of the SCC. In its order, the SCC stated, "...PJM represents one of the best, if not the best, available RTE (regional transmission entity) models and is the only feasible option at this time for AEP-VA to satisfy the requirements of the Restructuring Act."In the order, the SCC addresses the cost/benefit studies presented and concludes, "Witnesses for both the Company and the Staff agree that AEP-VA's integration into PJM can be expected to have a de minimis impact on the Company's net costs and benefits....We agree that the cost/benefit studies do not establish a significant economic detriment. Accordingly, based on the evidence in this case and the Stipulation, we find that the Restructuring Act requires our approval of the Application. The following terms and conditions were part of the stipulation accepted by the Commission:1. APCo will not attempt to recover any administrative, congestion, or increased costs for ancillary services associated with the transfer except through a base rate case that requires SCC approval. 2. APCo customers will receive a modest monthly credit (about $2.40 annually for residential customers) on their electric bills beginning January 2005 to reflect a share of projected benefits from APCos integration into PJM.3. APCo and PJM are required to provide various annual reports intended to assist the SCC with monitoring electricity transactions, transmission reliability, and congestion pricing in the PJM market and their respective impacts on APCo customers in Virginia.
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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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