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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
Nevada Utilities Ask FERC to Cut Prices in Power Contracts
LCG, Dec. 6, 2001--Nevada Power Co. and Sierra Pacific Power Co., both subsidiaries of Sierra Pacific Resources Inc., said yesterday they have filed formal complaints with the Federal Energy Regulatory Commission seeking a reduction in future prices on contracts they entered into when wholesale power prices were higher than they are now.The companies say the problem with their contracts is more than bad timing. The energy crisis in neighboring California had driven wholesale electricity prices to record highs and there was a question as to whether power would be available to the Nevada utilities to serve their customers in 2002 and 2003.The companies complain that the prices for power under their contracts are "the product of markets found by FERC to be dysfunctional and not competitive" and should come under the same price caps the commission imposed on spot power sales in the West last June.Nevada Power and Sierra Pacific Power were happy with their 2002 and 2003 contracts until FERC imposed price caps on the spot market last June. That, coupled with new generation sources coming on line and benign weather, resulted in a dramatic easing of wholesale prices in both the spot and long-term markets. Now, the companies feel that FERC is "penalizing states that had secured longer-term contracts at a time when spot power prices were out of control," according to Walt Higgins, chairman, president and chief executive of Sierra Pacific ResourcesIn their filing, made under Section 206 of the Federal Power Act, the companies are asking FERC to reduce the prices of the contracts to the current market prices.
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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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