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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
Cape Wind Project Secures $600 Million in Financing
LCG, March 5, 2014--Cape Wind announced last week that it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast. Danish export credit agency EKF approved the loan pending due diligence, and the new loan is the project's largest so far.
By the end of the third quarter, Cape Wind anticipates that the remaining financing will be secured. Initial operations and generation could commence as soon as 2016.
The 468-MW Cape Wind project will include 130, 3.6-MW wind turbines located in Nantucket Sound, Massachusetts. The offshore wind farm will connect to the power grid via a 66.5-mile, buried submarine transmission cable system.
The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.
In December 2013, Siemens and Cape Wind signed a major contract in which Siemens will supply Cape Wind its 3.6-MW offshore wind turbines, an offshore Electric Service Platform (ESP) and a service agreement for the first 15 years of commercial operations.
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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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