|
News
|
LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.
Read more
|
|
LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.
Read more
|
|
|
Industry News
FPL Announces Plan to Acquire and Retire the Coal-fired Facility in Florida
LCG, March 10, 2015-Florida Power & Light Company (FPL) Friday filed a petition with the Florida Public Service Commission (PSC) to request approval to acquire a coal-fired energy facility that it has had under a long-term purchase power agreement (PPA) since 1988. FPL plans to immediately terminate the contract and reduce the plant's operations by 90 percent, with the intention of eventually phasing the plant out of service. FPL is requesting that the PSC approve the purchase by July 31, 2015 to maximize customer savings.
The targeted facility is the 250-MW Cedar Bay Generating Plant, a circulating fluidized bed (CFB) boiler power generation facility located in Jacksonville, Florida.
FPL's president and CEO stated, "Although years ago it made sense to buy this plant's power to serve our customers, times have changed. We have invested billions of dollars to improve the efficiency of our system, reduce our fuel consumption, prevent emissions and cut costs for our customers. Now we're in a position to take ownership of the facility and effectively buy out an outmoded contract with the goal of ultimately phasing the plant out of service, which will mean reduced carbon emissions and millions of dollars in savings for our customers. This proposal is another smart step forward in our ongoing effort to serve our customers with affordable clean energy now and in the future."
FPL estimates that the plan will save FPL customers an estimated $70 million and prevent nearly one million tons of carbon dioxide emissions annually. Under the existing PPA, fixed payments for capacity and operating and maintenance currently total more than $120 million a year, with annual increases until the contract's expiration in 2024. Like other PPA's, the fixed payments are paid for by customers through their rates, in addition to the cost of energy when the plant is operating.
In its filing with the PSC, FPL proposes to purchase CBAS Power Inc., the indirect owner of the plant, from CBAS Power Holdings, LLC, for a price of $520.5 million. FPL would then terminate the PPA and avoid the fixed payments that customers would otherwise pay through their rates over the remaining life of the contract. Upon taking ownership, FPL expects to decrease plant operations so that it operates less than five percent of the time. Furthermore, FPL expects to permanently decommission the Cedar Bay Generating Plant within the next two to three years, after a new interstate natural gas pipeline commences commercial operation and enhances gas supply availability in Florida.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
