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News
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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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LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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Industry News
PG&E Audit Says Utility Wasn't Paying Attention
A state-ordered audit of Pacific Gas & Electric Co. released yesterday evening confirmed that the utility had rolled up losses of $5.2 billion selling high-priced electricity at frozen low retail rates, but said the company failed to heed months of warning that trouble was coming.The independent audit, ordered by the California Public Utilities Commission, said the company failed to take steps that could have husbanded its cash against impending insolvency. The report noted, for example, that PG&E paid $632 million in dividends last year, even as its cash reserves were wasting away.The company could have taken other steps, in addition to cutting or eliminating its dividend, the audit said. "Deferment of reduction of employee or management compensation represents one of the most immediate ways to achieve savings," the report said.The auditors concluded that PG&E did not realize, until is was facing insolvency, that power producers would quit selling electricity on credit.
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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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