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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
Progress and Southern Close Another Deal
LCG, October 4, 2006--Progress Energy announced yesterday that the
Georgia Public Service Commission certified Progress Energy's power
purchase agreements (PPAs) to sell 1,039 MW of peaking resources in three tolling contracts to Georgia Power, a subsidiary of Southern Company.
The three PPAs have 15-year terms, beginning June 1, 2009, and are associated with existing electric generating stations located in Georgia. The three stations are comprised of gas-fired, combustion turbine units. Following a lengthy RFP process, the PPAs were executed by Progress Ventures subsidiaries Washington County Power, LLC (302 MW), Walton County
Power, LLC (436 MW) and MPC Generating, LLC (301 MW).
Progress Energy stated that the new tolling agreements are part of its strategy to reduce its risk profile and that the agreements will produce more than $500 million in revenue over the term of the contracts.
The PPAs expand the transactions between Progress Energy and Southern Company. In July, Southern announced that it executed a long-term PPA with Progress Ventures that calls for Southern to provide approximately 621 MW of wholesale electricity to Progress Ventures from 2009 through 2015. For this PPA, the electricity is to be generated by a new, combined-cycle power unit to be built at Plant Franklin, located in Smiths, Alabama. Plant Franklin is owned by Southern's unregulated subsidiary, Southern Power.
In September, Southern Company announced that it has closed on the purchase from Progress Energy of the Rowan County Energy Complex in North Carolina. The gas-fired, electric generating station has a total generating capacity of 925 MW. Earlier this year, Southern Company closed on the purchase of the DeSoto County Energy Complex in Florida, which includes two 160-MW gas-fired units, from Progress Energy.
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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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