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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
California Congressman Puts Heat on Cal-ISO
LCG, Nov. 19, 2001--U.S. Rep. Doug Ose, a California Republican, has demanded that the Federal Energy Regulatory Commission act on what he says is preferential treatment of the California Department of Water Resources by the California Independent System Operator.In a letter last Thursday to FERC, which was released Friday, Ose said dealings between the two state agencies contravene the required independence of the ISO. Reliant Energy Inc. and Mirant Corp. filed a complaint with FERC last month alleging that information-sharing between the two groups violates the ISO's tariff.Ose backed up his letter with a copy of a confidential memo from Eric Woychik, described as having inside knowledge of the water agency, to ISO board member Mike Florio, who is also a lawyer for an anti-utility gadfly group, The Utility Return Network. Ose did not tell how he came by the memo, but said it revealed "egregious examples of interference by CDWR in the electricity market."How confidential was the memo? In it, Woychik wrote "If the press, Legislature, or FERC get wind of this, I think we are toast!!!"Woychik's memo said that CDWR scheduling practices resulted in "very large additional costs for purchases," and compromised reliability. He cited as an example an instance when the water agency required the ISO to accept bilateral contracts for $400 per megawatt-hour when cheaper coal-fired generation from a Nevada plant was available for $60.In his letter to FERC, Ose said the memo "clearly illustrates the perils of a lack of independence" at the ISO.
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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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