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News
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LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.
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LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.
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Industry News
Weather Derivatives See Growth in Volume
LCG, June 6, 2003--While the typical values of weather derivative contracts are typically one-third what they were a couple of years ago, the number of such deals has increased to approximately three times the volume seen a year ago, according to a recent study by PrcineWaterhouseCoopers for the Weather Risk Management Association.The Chicago Mercantile Exchange handled 7,000 weather transactions based on its weather derivatives contract, with Wolverine Trading acting as market maker. Typically, conditions that determine which participant pays the other are either temperature, precipitation, wind or sun exposure. For example, a farmer whose crop might suffer from extreme heat might be paid by a counterparty such as a natural gas trader who can make higher profits when more air-conditioning is needed. The payment would be reversed if conditions were cool rather than hot.Whereas many of the most active participants in weather derivatives used to be trading enterprises, they have since been supplanted by regulated utilities and banks.
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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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