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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
Narragansett Electric Asks to Cut Rates
LCG, Aug. 29, 2001--Narragansett Electric Co. said yesterday it has filed a request with the Rhode Island Public Utilities Commission to allow it to reduce electric rates to reflect the current lower cost of power it purchases on behalf of its customers taking standard offer service. More than 99 percent of Narragansett's customers take standard offer service. The lower costs are the result of a decline in the price of oil and natural gas, Narragansett said. The company said it does not profit from increases or decreases in power supply costs, which are directly passed through to the customer, but regulators need to approve the changes.Narragansett said the current request would, if approved, knock more than a penny off the price of a kilowatt-hour of electricity. The typical householder using 500 kilowatt-hours of electricity per month would see a reduction of $5.38 in his electric bill.Michael Ryan, an executive vice president of the utility, said the reduction would produce rates lower than any since 1997."We are pleased to be submitting this rate reduction and hope that fuel prices will continue at theircurrent levels so that we can maintain stable rates for our customers," Ryan said. "It was only a yearago that we experienced extraordinary increases in the cost of fuel. Since then, we have seen asignificant decrease in those prices." Narragansett Electric serves 460,000 customers in 38 Rhode Island communities and is adistribution subsidiary of National Grid.
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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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