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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
A Shocker: Enron's Jeff Skilling Resigns
LCG, Aug. 15, 2001--Jeffrey K. Skilling, chief executive for just six months of Enron Corp., unexpectedly resigned yesterday for unspecified personal reasons, leaving Chairman Kenneth Lay to reassume the office he had turned over to Skilling last February.Under Skilling, Enron has become the energy industry's middleman, providing markets for trading natural gas and electricity. The company has also pioneered in trading of fiber-optic bandwidth and trades in metals and paper. But Enron's market capitalization has been unable to resist broader market forces and has tumbled 50 percent in the past year.Skilling said yesterday "The company is in great shape and I feel bad that anything I do is construed as something about the company," and Lay chimed in "I can honestly say I never felt better about the company."More formally, Lay said "We regret Jeff's decision to resign, as he has been a big part of our success for over eleven years. But, we have the strongest and deepest talent we have ever had in the organization, our business is extremely strong, and our growth prospects have never been better."The decline in Enron's stock has taken place despite growing earnings. The company is large enough to shrug off a failed foray into trading broadband access to the Internet but that venture made news, as did the fact that the company is under investigation by California legislators over alleged price manipulation in that state's power market.Skilling said yesterday that what he termed a "meltdown" in the broadband business came as a surprise, but he believes the underlying demand is there. He also said the California investigations are unlikely to lead to significant penalties.It was Skilling, who joined Enron in the 1980s from the consulting firm McKinsey & Co., who put Enron in the trading business. He was working for a McKinsey client, gas pipeline operator InterNorth of Omaha, Neb., helping the company hedge against high contract costs. When InterNorth merged with Houston Natural Gas Co. to form what later became Enron, Skilling came with it, and brought with him his ideas about energy trading.Skilling said he will continue to serve Enron as a part-time consultant.
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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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