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News
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LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.
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LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.
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Industry News
British Offshore Wind Project Announces Funding Agreement
LCG, June 8, 2012--Centrica Plc (CNA), Dong Energy A/S and Siemens AG (SIE) announced that they have completed a $660 million funding agreement for the 270-MW, Lincs off-shore wind project. The funding agreement is stated to be the first time banks have provided project finance to an off-shore, U.K. wind project that is under construction.
The banks providing non-recourse financing for the Lincs project include BNP Paribas SA, UniCredit SpA (UCG), HSBC Holdings Plc (HSBA), Nordea Bank AB (NDA), Lloyds TSB Bank Plc and Bank of Tokyo-Mitsubishi UFJ Ltd.
Centrica owns 50 percent of the project. Dong, a Danish utility, and Siemens Project Ventures GmbH each own 25 percent of the project. The total project cost is approximately $1,550 million, including about $390 million for the transmission link from the project to the shore.
Centrica is expected to receive 75 percent of the electricity generated and 50 percent of its Renewable Obligation Certificates, or ROCs, and Dong is expected to receive the remaining power output and 25 percent of the ROCs. The remaining 25 percent of ROCs will be sold to the market by the Lincs project company, Lincs Wind Farm Ltd.
The project is located about five miles off the east coast of England in the North Sea and is scheduled to commence commercial operations in the first half of 2013. The project includes 75 Siemens 3.6-MW turbines, which will be installed in approximately 32-50 feet of water. In April Centrica announced that 51 of the 75 foundations were complete. According to Centrica, the wind farm has a designed operational life of 20 years, after which the turbines can be decommissioned or new turbines installed for the rest of the 50-year lease.
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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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