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News
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LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.
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LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."
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Industry News
Derivatives Oversight Measure Defeated
LCG, Apr. 11, 2002--A measure that would have required public records and tracking of over-the-counter energy derivatives fell 12 votes short of the necessary 60 in the U.S. Senate, and was withdrawn by its lead sponsor, Sen. Dianne Feinstein (D-Calif.). Responsibility for oversight would have been given to the Commodity Futures Trading Commission. It would also have set capital requirements for online trading exchanges, whose operations would be made open to inspection.Strong opposition to the measure came from financial companies, banks and traders. Treasury Secretary Paul O'Neill and Federal Reserve Chairman Alan Greenspan have said that the regulation would provide no additional necessary regulatory oversight, and would create counterproductive legal complications within the derivatives market.A former chairman of investment bank Goldman Sachs Group Inc., Sen. Jon Corzine (D-N.J.), spoke in favor, saying the amendment "brings forward fairly simple and straightforward oversight functions." Goldman Sachs itself expressed the opinion that more work was needed before enacting a similar porposal.
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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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