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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
FERC Approves Market Redesign Changes Proposed by California ISO
LCG, September 22, 2006--The Federal Energy Regulatory Commission (FERC) unanimously approved the Market Redesign and Technology Upgrade (MRTU) program submitted by the California Independent System Operator (California ISO). The MRTU is designed to improve the electricity market structure in California to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market, or Integrated Forward Market; the use by the California ISO of a Full Network Model of the grid to forecast and identify transmission congestion as a tool in managing congestion; simultaneous consideration of energy and ancillary services (reserves); Locational Marginal Pricing (LMP); and strengthening resource adequacy requirements for load-serving entities.
The FERC also directed the California ISO to expand upon price-responsive demand programs within sixty days of the order. Furthermore, the FERC directs the California ISO to schedule technical conferences to address commenter concerns, including operational rules regarding seams issues with other transmission service providers in the West.
The MRTU is scheduled to be implemented in November 2007.
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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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