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News
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LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.
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LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation
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Industry News
Neptune Undersea Cable from PJM to Long Island Activated
LCG, July 3, 2007--The Neptune Regional Transmission System, LLC announced yesterday that it has completed extensive testing and activated a new, high voltage direct current (HVDC) transmission line between Sayreville, New Jersey, and Long Island, New York. The cable provides the Long Island Power Authority (LIPA) access to receive additional electricity from PJM to manage power costs and improve reliability.
The completion of the Neptune project allows 660 MW at a DC voltage of 500 kV to flow via an HVDC cable, with 51 miles of the cable underwater and 14 miles under land. Electricity from the PJM grid is converted from AC to DC power at the Sayerville converter station. The energy is transmitted to the Duffy Avenue converter station on Long Island, where the power is converted back to AC power for distribution across Long Island.
The estimated cost of the Neptune project is $600 million. Neptune Regional Transmission System LLC, the owner and operator of the transmission system, will place the system at the control of LIPA.
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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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