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News
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LCG, June 9, 2025--Duke Energy announced today its intent to submit an application to the Public Service Commission of South Carolina (PSCSC) for approval to build a new natural gas combined-cycle generating facility with hydrogen capability in Anderson County, South Carolina. The company plans to submit the construction application to the PSCSC later this year. If approved, it expects construction would commence in summer 2027, with operations beginning by early 2031.
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LCG, June 4, 2025--Energy Vault Holdings Inc. (Energy Vault) and Jupiter Power (Jupiter) today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. The initial BESS project, located near Fort Stockton, Texas, was completed in July 2024, with a storage capacity 100 MW/200 MWh. The new BESS project will add another 100 MW/200 MWh of capacity. Construction has commenced, and the project is expected to achieve commercial operations by the end of this summer.
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Industry News
New Jersey Regulators Plan Electricity Auctions
LCG, Nov. 8, 2002--The New Jersey Board of Public Utilities has announced its plan for auctions for power purchases by the state's major energy suppliers, scheduled for February.Each supply auction will be for a different class of customer, with hourly prices to be paid by large users, commercial and industrial, and a fixed price to be charged to residential and small-business customers. The latter group accounts for 80 percent of energy consumption in the state. Auctions covering 10 and 34 months are being held for the small customers, with the 10-month auction providing for two-thirds of need and the 34-month auction for one third, each period beginning Aug. 1, 2003.The prices to be paid by residents and small businesses will be based on a combination of the 10- and 34-month auction prices. The Board of Public Utilities believes that while consumer rates will no longer be capped, the process will prevent wholesale price spikes from affecting them. Jeanne Fox, president of the BPU, told The Star-Ledger of Newark, "There was a feeling you needed some long-term contracts as a hedge." A similar auction last year allowed four major utilities to make purchases covering the period through July, 2003.Overall, rates are likely to rise, as the BPU begins to allow charges for deferred balances, or costs incurred by the utilities but not allowed under the rate cap, such as those for expensive power purchases.
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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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