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

Outlook Questionable for LG&E's Participation in the Midwest ISO

LCG, December 29, 2004--Earlier this month LG&E Energy LLC notified the Midwest ISO (MISO) that its Louisville Gas and Electric Company and Kentucky Utilities subsidiaries plan to withdraw from the regional transmission organization (RTO). LG&E Energy conducted a cost-benefit analysis and estimates that its utilities would save over $65 million over the next five years by leaving the MISO, even after incorporating an exit fee of $23.8 million.

The Kentucky Public Service Commission (PSC) began an investigation earlier this year into the utilities joining the MISO, and a hearing is scheduled to begin after February 1, 2005. The costs to LG&E utilities for participating in the MISO, estimated to be $7 million for retail customers, can not be added to utility bills prior to PSC approval.

Estimating the costs and benefits related to establishing and operating regional transmission organizations is an on-going concern. In neighboring Virginia, state legislation required utilities, such as Virginia Power, to join an RTO, thus making cost-benefit analyses somewhat a moot issue. To support the development of RTOs, the Federal Energy Regulatory Commission (FERC) released a study in October designed to estimate the cost of developing a "Day One RTO" that meets the minimum requirements of the FERC's Order 2000. Given the unique nature of each of the limited number of existing RTOs, the FERC's review of actual cost data showed considerable cost differences between RTOs.

The MISO has been conducting training and testing for its new market structure, which includes locational marginal pricing (LMP), and the market is planned to open on March 1, 2005.

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