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News
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LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.
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LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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Industry News
PJM Files Reliability Pricing Model with FERC
LCG, September 1, 2005--PJM Interconnection (PJM) announced yesterday that it has filed with the Federal Energy Regulatory Commission (FERC) a new capacity pricing model to improve grid reliability and better ensure adequate electric supply. The Reliability Pricing Model (RPM) follows a multi-year, stakeholder process. The model is designed to signal the need for investment in new power supplies and to provide consistency that would create an environment more attractive to investors. Wholesale capacity prices may vary by location in order to incent new generation where it is needed relative to load locations and transmission constraints. Other key features in the model are designed to address demand side management and to incent new transmission infrastructure as an alternative to new generation.PJM, which has significantly expanded its service area over the past two years, now operates the power grid for all or parts of Delaware, Indiana, Illinois, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
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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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