EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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."

Read more

Industry News

FERC’s 12 Percent Reserve Riles Some Californians

LCG, November 20, 2002In an effort to prevent future energy crises, FERC plans to instate a 12 percent reserve requirement, but some utilities say such a move will cost too much.

The Federal Energy Regulatory Commission is considering setting the state energy reserve level at 12 percent as part of a larger effort to prevent events like the California energy crisis of 2000/2001, which landed Northern California utility PG&E in bankruptcy court.

However, some Californian officials object to the proposed measure, saying that forcing utilities to buy extra electricity will result in higher costs, the opposite of the intended effect of preventing high costs.

The California Consumer Power and Conservation Financing Authority asserts that FERC has gone beyond its authority in considering such measures, while representatives from Southern California Edison find minimum reserves necessary but object to FERCs proposal.

Some officials feel that the Independent System Operator should take responsibility for keeping the lights on.

Naturally, utilities will object to any new rules limiting their flexibility; FERC will have to determine whether or not the reserve requirement will be worth its cost to the utilities.

FERC will consider and solidify the reserve issue, as well as other facets of market design, next year.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation 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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service