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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
Poseidon Undersea HVDC Transmission Project Receives Approvals
LCG, March 17, 2015-The proposed 500-MW Poseidon undersea transmission line between South Brunswick, New Jersey and Huntington, New York has received interconnection approvals from the PJM Interconnection and the New York Independent System Operator. Achieving these milestones are important steps for the project, which is planned to begin operations in 2020.
The project developer, Poseidon Transmission, estimates the high voltage direct current (HVDC) project will produce $573 million in direct wholesale energy cost savings and yield $2.5 billion in cost savings for Long Island ratepayers during its first ten years in service.
The 82-mile transmission line will be completely buried along existing rights of way or underwater and will deliver energy to Long Island, New York (NYISO Zone K) from the PJM market.
According to a spokesperson for the project, the New York Public Service Commission (PSC) will now begin its formal project review.
Poseidon Transmission is a subsidiary of Anbaric, a project development company. Anbaric completed the 660-MW Neptune undersea and underground project in 2007. The Neptune Project extends 65 miles between Sayreville, New Jersey and New Cassel, New York on Long Island.
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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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