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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
Progress Energy Executes Contract for New Nuclear Station
LCG, January 6, 2009--Progress Energy yesterday announced that it signed a $7.65 billion contract for two planned nuclear reactors to be constructed at a greenfield site in Levy County near Crystal River, Florida. The contract scope includes nuclear engineering, procurement and construction (EPC) by Westinghouse Electric and The Shaw Group. The total cost of the nuclear power station is estimated to be over $17 billion.
Progress Energy Florida, a subsidiary of Progress Energy, plans to install two Westinghouse AP1000 reactors that each have a nominal electric generating capacity of 1,100 MW. The AP1000 design incorporates passive safety features that rely upon natural forces and was certified by the Nuclear Regulatory Commission (NRC) in 2006. The NRC is now reviewing a Westinghouse application, submitted in May 2007, to amend the certified design.
In April 2008, Progress Energy announced that it had executed a letter of intent with Westinghouse Electric and The Shaw Group Inc. to purchase long-lead materials for the nuclear reactors.
In July the Florida Public Service Commission approved the proposal submitted in March by Progress Energy Florida for a determination of need to build the two reactors, with the first reactor scheduled to be operational in 2016, and the second reactor in the following year.
On October 6, 2008, the NRC accepted for review, a combined construction and operating license (COL) application submitted in July by Progress Energy Florida for the new nuclear station in Florida.
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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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