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News
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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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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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Industry News
Con Ed to Fire Up 50-Year-Old Smoke-Belching Power Plant
LCG, May 2, 2001--Consolidated Edison Co. of New York plans to restart the most polluting power plant in the Big Apple, a small generator in Brooklyn, and state regulators, eager to increase the city's power supply, have tentatively agreed to let it resume operation without an environmental review, the New York Times reported this morning.The plant, a long-idle unit of the Hudson Avenue Generating Station near the Brooklyn Navy Yard, was built 50 years ago and not only burns fuel oil, it burns the oil with equipment designed before a thought was given to pollution and emissions.Restarting the unit reflects a tightrope that New York is walking in its attempt to avoid summer power blackouts like those that will surely affect California. "The reason that we want to restart the plant is the power situation in the city," said Peter Lanahan, vice president for environmental health and safety at Con Edison, citing warnings of possible power shortages this summer or next.When demand for electricity rose last summer, electric bills surged, and state regulators have warned of more price spikes and possible blackouts and brownouts this summer. The new York Power Authority is installing 10 small, 44 megawatt generators in spots around New York City and another on Long Island, but has been fighting environmentalists' lawsuits all the way.Those mini-plants are modern combustion turbines burning natural gas, and are among the cleanest generation equipment available. The Hudson Avenue unit can produce 60 megawatts of power and, according to federal and state data, produces more pollution, per pound of fuel burned or per megawatt-hour of power produced that any other power plant in New York City.There will be lawsuits.
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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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