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News
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LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.
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LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.
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Industry News
Con Edison-Northeast Utilities Merger Appears Dead
With each side accusing the other of having a change of heart, to say nothing of perfidy, it appeared this morning that the planned $3.8 billion takeover of Northeast Utilities by Consolidated Edison Inc. will not take place.Last week, Northeast gave Con Edison until last Friday to reaffirm its intention to complete the merger. "Do you still love me?" the bride asked at the wedding rehearsal. Con Edison hemmed and hawed so Northeast extended its deadline until yesterday.Yesterday, Con Edison said Northeast had been making deals behind its back, claiming the company had entered into certain "supply obligations" through its Select Energy unregulated energy and services subsidiary, and those deals jeopardized Northeast's ability to fulfill its obligations under the merger agreement.Northeast said Con Edison wasn't specific enough, adding that a breach of promise suit was in the works. Michael G. Morris, Northeast chief executive, said "We have instructed our attorneys to take appropriate steps to protect shareholder interests."The merger agreement was announced in October 1999 and had received approval from shareholders of both companies and all federal and state agencies with oversight responsibility except the Securities and Exchange Commission.The deal looked a little shaky when Con Edison objected unsuccessfully to conditions imposed by Connecticut regulators and observers felt that the New York utility was looking for a way out. When Connecticut Attorney General Richard Elemental asked a state court to delay the merger until he could get a ruling on his appeal to overturn his state regulators' approval, Con Edison quit talking.The takeover would have created the nation's largest electric distribution company.
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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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