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News
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LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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Industry News
Progress Energy Carolinas Plans New Gas-fired Power Plant
LCG, October 30, 2007--Progress Energy Carolinas, a subsidiary of Progress Energy, announced plans yesterday to install a new, gas-fired power generating unit at its existing Richmond County Energy Complex south of Hamlet, North Carolina. According to the utility, the additional electric generating capacity is needed to ensure reliable service to its customers.
The existing station already includes 1,230 MW of gas-fired, electric generating capacity. With the additional capacity planned, Progress Energy also proposes to install over 60 miles of 230-kW transmission line between the Richmond County Energy Complex switchyard and a substation on Woodruff Street on Fort Bragg Army Base.
The target date for operations of the new generating unit and electric transmission line is mid-2011, and the estimated cost for the facilities is $700 million to $750 million . The projects will require approval by the North Carolina Utilities Commission, as well as the Progress Energy board of directors.
Both Progress Energy Carolinas and its affiliate, Progress Energy Florida, are also pursuing the development of new nuclear reactors, which would tend to reduce the carbon intensity (carbon emitted per megawatt hour generated) of the Progress Energy electric generation portfolio. Progress Energy Carolinas plans to build new reactors at Progress Energy's Harris Nuclear Plant in the Carolinas. Progress Energy Florida selected a site in Levy County, Florida near its existing Crystal River Energy Complex for the possible construction of a new nuclear power plant. Progress Energy has not yet made decisions on whether or not to proceed with the installation of any new reactors.
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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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