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News
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LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.
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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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Industry News
State Hearings Set for Virginia Power Restructuring
LCG, Feb. 23, 2001The Virginia State Corporation Commission will begin hearings in October on a restructuring plan by Virginia Electric & Power Co. aimed at getting the company ready for a competitive electric generation market, Virginia Power said yesterday in a news release.The 1999 Virginia Electric Utility Restructuring Act requires electric utilities to "functionally" separate their business functions so that generation can operate in a competitive market while transmission and distribution of electricity remain regulated. The law does not require a utility to sell off or transfer its power plants.Virginia Power, a subsidiary of Dominion Resources Inc., wants to transfer $6.7 billion in generation assets to a new sister company, Dominion Generation Corp. Those assets presumably include the company's 1,900 megawatt, two-unit North Anna nuclear power plant north of Richmond and its 1,650 megawatt, two-unit Surry nuke near Newport News.Virginia Power would not, however, transfer some $3.8 billion in long-term debt to Dominion Generation. If all or part of the debt consists of the unpaid portion of bonds issued to build the power plants, Virginia regulators may take a closer look at the restructuring plan.The Corporation Commission will have to complete its hearing and issue an approval by the end of the year because under the restructuring law Virginians are slated to begin having the opportunity to choose their sources of electricity by next January 1. All customers of all classes will have the ability to choose by 2004.Under the state law, Virginia Power will become distribution company only, and purchase power in the wholesale market for delivery to its retail customers. In practice, the utility would get all of its power from Dominion Generation.
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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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