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News
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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.
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LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.
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Industry News
Exelon Announces Early Retirement of Nearly 3,000 MW of Carbon-Free Nuclear Capacity
LCG, June 3, 2016--Exelon Corporation yesterday announced that it will close two nuclear plants in Illinois, given the lack of progress on Illinois energy legislation. The Clinton Power Station in Clinton will close on June 1, 2017, and the Quad Cities Generating Station in Cordova will close on June 1, 2018. The two plants have lost a combined $800 million in the past seven years, despite being two of Exelon's best-performing plants.
Exelon's president and CEO stated, "This is an extremely difficult day for the 1,500 employees who operate these plants safely and reliably every day, and the communities that depend on them for support. We have worked for several years to find a sustainable path forward in consultation with federal regulators, market operators, state policymakers, plant community leaders, labor and business leaders, as well as environmental groups and other stakeholders. Unfortunately, legislation was not passed, and now we are forced to retire the plants."
The Clinton Power Station began commercial operation on April??1987 under the ownership of Illinois Power. The plant includes a single boiling water nuclear reactor, with a generating capacity of approximately 1,080??MW. The present reactor operating license was issued April 17, 1987 and will expire September 29, 2026.
The Quad Cities Generating Station is a nuclear power plant, with a total electric generating capacity of approximately 1,870 MW. The units began operations in 1972. In 2004, the Nuclear Regulatory Commission (NRC) approved a 20-year license extension for both reactors that would extend the license through December 14, 2032.
The Illinois legislative session has not ended; however, the path forward for consideration of the Next Generation Energy Plan legislation is not clear. Thus Exelon has initiated the necessary steps to shut down the two nuclear plants. These steps include: making permanent shutdown notifications to the NRC within 30 days; terminating capital investment projects required for long-term operation of the plants; immediately taking one-time charges of $150 million to $200 million for 2016, and accelerating approximately $2 billion in depreciation and amortization through the announced shutdown dates; and cancelling fuel purchases and outage planning.
Retiring the plants will have a significant economic and environmental impact on the region.
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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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