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News
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LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.
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LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.
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Industry News
FERC Approves PJM Proposals to Accelerate New Generation Projects
LCG, February 19, 2025--The Federal Energy Regulatory Commission (FERC) last week approved two PJM proposals to improve the approval process and accelerate the construction of new power generation assets, with the ultimate objective of providing sufficient, reliable electricity supplies to customers.
On December 13, 2024, PJM filed revisions to the Reliability Resource Initiative (RRI) to add provisions enabling a one-time reliability based expansion of the eligibility criteria for Transition Cycle #2 of PJM's existing interconnection queue. The RRI modifications are designed to add up to 50 additional projects to be studied in Transition Cycle #2 to address near-term resource adequacy concerns in PJM.
FERC's findings included stating PJM's proposed RRI revisions are just and reasonable, and that they address the possibility of a resource adequacy shortfall driven by significant load growth, premature generation retirements, and delayed new capacity additions.
FERC's second approval was of PJM's December 20, 2024 filing to revise governing surplus interconnection service and to facilitate the rapid expansion of existing and planned generating facilities. FERC accepted PJM's proposed revisions, effective March 7, 2025, as requested by PJM.
In the second filing, FERC found PJM's revisions are just and reasonable. FERC findings include that the revisions will facilitate the use of existing surplus interconnection capacity by (i) removing certain limitations in the PJM Tariff and (ii) making surplus interconnection capacity available sooner in the interconnection process. The revisions will help address PJM's stated near-term reliability needs and increase the overall efficiency of PJM's interconnection queue.
In PJM's Long-Term Load Forecast Report released in January, the PJM RTO annual summer peak load growth and winter peak load growth over the next 10 years are projected to average 3.1% and 3.8%, respectively. The projected annual net energy average load growth is 4.8%. The PJM RTO winter peak load in 2034/35 is forecast to be 198,175 MW, a 10-year increase of 62,048 MW, which equates to adding more than 6,000 MW per year.
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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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