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News
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LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.
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LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.
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Industry News
Bankruptcy Court Tentatively Approves PG&E Utility Disclosure
LCG, July 31, 2003Yesterday a federal bankruptcy judge conditionally approved Pacific Gas & Electric utilitys most recent disclosure regarding its reorganization plan. Pacific Gas & Electric Company, a subsidiary of the PG&E Corporation, filed for bankruptcy protection in April of 2001. The company could not match the high cost of wholesale power with controlled retail prices.Since that time, the court, creditors and the California Public Utilities Commission (PUC) have endeavored to come up with a reasonable reorganization plan for the utility. Pacific Gas & Electric wanted to split its assets into several companies, most of which would fall outside of Californias control. The PUC believed that the utility should stay in-state while emerging from court protection. California regulators and the utility came to an agreement last month over the companys reorganization, and now the court has conditionally approved the most recent disclosure statement describing the plan. The conditional approval is expected to be finalized this week as language in the disclosure needs minor additions, according to Pacific Gas & Electric spokesperson Ron Low. After approval, the plan will be sent to the utilitys creditors for a vote, conducted between August 15 and September 29. According to the latest version of the possible reorganization, the utility will meet its obligations by using money from retail electricity rates and by doing without dividends. Regulators, the PG&E Corporation, and the utility will all have to approve the plan before it can be made official. Public hearings will be held prior to the PUCs approval, and approval has to come before the end of the year for the settlement to remain viable. The utility has roughly $12 billion of debt, $3 billion of which it has already made in profit since April 2001 because its retail rates are higher than current wholesale prices.
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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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