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News
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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.
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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.
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Industry News
FERC Tells Grid Operators to Settle Differences
LCG, January 7, 2003-The Federal Energy Regulatory Commission has advised the Midwest ISO and PJM Interconnection to resolve issues of transmission rates between grid areas.Customers of the Midwest Independent System Operator and PJM Interconnection LLC face charges when moving electricity from one transmission system to the other.FERC has urged the transmission operators to come to some type of settlement regarding these rates, and FERC Chairman Pat Wood has suggested that a cost-of-service formula could be used to determine rates. The two operators plan to form a single large grid by October of next year, serving over 20 states and some of Canada.Last month a FERC Administrative Law judge threw out rate-related testimony submitted by various power industry agencies in regards to the transmission operators. DTE Energy Co., Detroit Edison, Wisconsin Public Power Inc., Indiana Municipal Power Agency, Southeast Michigan Systems, and International Transmission Co. submitted evidence.FERC officials reinstated some of that evidence yesterday, part of which addressed claims that those controlling transmission overcharged in order to make up for lost revenue.If Midwest ISO and PJM fail to come to some agreement with customers, a FERC judge will rule by Febraury 28 on the case.
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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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