|
News
|
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.
Read more
|
|
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.
Read more
|
|
|
Industry News
Reporting to Energy Price Index Publications Falls Off
LCG, Nov. 15, 2002--Traders at a number of large energy companies have begun not to provide any price data concerning their transactions to industry publications, and in some cases are releasing the information themselves through their risk oversight units.The likely result of the change in reporting patterns is to make the price indexes less representative and reliable as a source of market information. William Hogan, a professor at Harvard University who serves as director of research for the Harvard Electricity Policy Group, told the Wall Street Journal, "The tradeoff here is between easy access to imperfect information and difficult access to better information. It's not completely obvious to me which one is beter and which is worse. There is a real danger here that everybody decides to clam up."Regional differences in the numbers of deals taking place will affect some indexes more than others, where the published indexes are concerned. One of the most widely known set of indexes is published by Platts, a company owned by McGraw-Hill Cos. Both electricity and natural gas, for which trading volumes are greater, have experienced changes. Constellation Energy Group, El Paso, Reliant Resources Inc., PPL Corp., Williams and CMS are no longer reporting prices in any way.While some companies have disclosed that false prices were submitted to index publishers by their traders and are now cooperating with federal authorities, others who may fear being subpoenaed appear to have decided it is less risky to simply not report should they make an error in reporting. "If you start losing the price transparency, it creates advantages for big companies and probably leads to higher prices," said Phili Verleger Jr., an economic consultant in Newport Beach, Calif.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
