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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
FERC Threatens Trading Licenses of Energy Companies
LCG, June 5, 2002--Today the Federal Energy Regulatory Commission (FERC) warned that the trading licenses of four companies were in jeopardy due their lack of cooperation in an electricity market investigation. Williams Cos. Ltd., El Paso Electric, which is independent of El Paso Corporation, Avista Corp., and Portland General Electric Co. were ordered to "show cause why the commission should not revoke their market-based rate authority" within ten days. According to FERC, the companies failed to properly respond to an order requiring that they state whether or not they had participated in manipulative market practices.FERC's order, signed by three commissioners, said that the four energy traders' responses were "indicative of a failure by these companies to cooperate with our investigation."Williams was told that it did not answer the original order in a straightforward manner, a statement that Williams contests.Over 100 companies are under scrutiny in FERC's investigation, which came after memos were released relating Enron trading strategies to market manipulation. The Enron strategies in question include "ricochet," which called for selling electricity out-of-state prior to selling it in-state for the purposes of avoiding price caps and increasing profit.FERC asserts that trading records from Portland General link that company and Avista to manipulative practices and that trading between the companies were "designed to further the Ricochet and Death Star trading strategies."Although a public memo refers to $7.3 million in joint revenue between El Paso Electric and Enron, El Paso claimed a mere ball-park $700,000 in its affidavit to FERC and ignorance to any Enron actions taken on its behalf, which FERC asserts is "simply not credible."Stocks of the four companies are seeing negative effects from the FERC order.
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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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