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NRC Accepts the Construction Permit Application for TVA's Small Modular Reactor Project

LCG, July 10, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted a construction permit application for review from the Tennessee Valley Authority (TVA) to build one of the nation’s first small modular reactors (SMR). TVA submitted its application in late May to use GE Vernova Hitachi’s BWRX-300 design and to install the advanced nuclear plant at its Clinch River site near Oak Ridge, Tennessee. TVA's application is the first in the U.S. that uses GE Vernova Hitachi’s BWRX-300 design.

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Red Oak Power Facility in PJM to be Acquired by Strategic Value Partners

LCG, July 9, 2025--Strategic Value Partners, LLC (together with its affiliates, SVP) yesterday announced that its managed funds (the "SVP Funds") have agreed to acquire Red Oak Power, an 831-MW natural gas-fired combined-cycle power generation facility located in Sayreville, New Jersey.

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LCG NEWS

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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Previous LCG News

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)
LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT) (10/10/2023)
As Texas Wind and Solar Capacity Increase, Energy Curtailments are also likely to Rise (7/13/2023)
LCG 2023 Annual Outlook for Texas Electricity Market (See updated Outlook here) (7/11/2022)
LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT) (2/8/2022)
NorthRenew Energy's Mesquite Sky Wind Project Commences Construction (1/26/2021)
Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project (8/6/2020)
Texas Solar Project Sold to CIP (7/31/2020)
NorthRenew Energy achieved financial close for TG East Wind Project (6/18/2020)
ERCOT reviewed Frio County Transmission Project (6/18/2020)
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