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News
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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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LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.
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Industry News
Any Round-Trip Gas Trading Insignificant, Companies Report
LCG, June 6, 2002--Filings with the Federal Energy Regulatory Commission submitted yesterday by gas trading companies report that gas volumes reported traded in 2000 and 2001 were not significantly inflated by so-called round-trip trades.The FERC had requested information from the period that relates to the wholesale energy market in the Western states and California in particular. A significant amount of generation, and most new power plants, are powered by natural gas, the price of which was significantly higher than historical averages during the 2001 power crisis. Round-trip trading of electricity has been under investigation by the FERC due to the possibility that the appearance of high trading volumes could lead to higher prices than would otherwise occur.Calpine's filing stated that 15 of 52,000 trades might be compared to 'wash' trades, in which two trading partners sell one another equal amounts of gas so as to increase revenues but not profits. Those transactions, Calpine said, were "completed for valid risk-management reasons." Reliant Rsources said a "small number" of its transactions covering a "range of transactions types" conducted for "conventional business purposes" could have been perceived as wash trades, due to "reasons of concidence or mistake." It did identify wash gas trades that had occurred outside the Western market. Duke Energy found three such trades in the West.Other companies reporting, who all denied engaging in wash trades in the West and in Texas, were Houston's Dynegy and El Paso Corp.; Oklahoma-based Williams; Duke Energy, based in Charlotte, N.C.; and CMS Energy, of Michigan.
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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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