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News
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LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.
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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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Industry News
New Mexico Public Regulatory Commission Approves PPA for 50-MW Solar Project
LCG, June 7, 2013--First Solar, Inc. announced yesterday that the New Mexico Public Regulatory Commission approved a 25-year power purchase agreement (PPA) between First Solar and El Paso Electric Company for the entire power output from the proposed Macho Springs Solar Power Plant to be located on State Trust Land in Luna County.
First Solar stated that it has submitted its final development plan and is obtaining various construction permits. The project will operate on a commercial lease from the State Land Office on about 500 acres of land near Deming. First Solar also has an interconnection agreement with El Paso Electric. Given timely permit approvals, First Solar expects construction on the 50-MW project will commence next month.
El Paso Electric's Chief Executive Officer stated, "We look forward to working with First Solar on this historic and very important renewable energy project that will benefit all El Paso Electric customers and the region. We're grateful the New Mexico State Land Commissioner shares our commitment to renewable energy."
New Mexico's Renewable Portfolio Standard (RPS) requires investor-owned utilities to increase procurement from eligible renewable energy resources to 20 percent of total retail sales by the end of 2020.
First Solar acquired the Macho Springs solar project from Element Power Solar earlier this year. In April, First Solar, Inc. announced the sale of its Campo Verde Solar Project to Southern Power (a subsidiary of Southern Company) and Turner Renewable Energy. The Campo Verde Solar Project is a 139-MW project located in Imperial County, California.
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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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