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Duke Energy Submits Early Site Permit Application to NRC for New Nuclear Reactors in North Carolina

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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The NRC Issues Summary of 2025 Successes

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

California ISO Seeks Plan to Attract Imports

LCG, Apr. 12, 2002--A meeting of the California Independent System Operator and Northwest utilities and wholesale power marketers sought yesterday to make further progress on an effective means to solicit bids from power suppliers out-of-state.

The ISO informed the Federal Energy Regulatory Commission this week that imports are less than 1 percent of overall supplies required to meet summer demand, down from 27 to 30 percent. The change is attributed to a February order by the FERC commonly known as "zero dollar bid," because the price received by out-of-state suppliers depends entirely on the market price results determined within California. Northwest utilities and potential exporters in Canada's British Columbia have said that they are unfairly made to accept risk because of the order.

Out-of-state producers do not necessarily have to be able to set the market-clearing price in order to have fair bidding opportunities, the ISO has told FERC. The "zero dollar bid" rule was instituted in order to end "megawatt laundering," the alleged practice of California generators selling to out-of-state traders or generators who could resell the same energy as an import to California at a higher price.
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