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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
Judge Calls for Half Year Delay on Enron Case
LCG, January 7, 2003-Federal Energy Regulatory Commission Administrative Law Judge Jeffie Massey has said an additional six months are needed to come to a decision regarding allegations that Enron Corporation manipulated the California energy market.The Federal Energy Regulatory Commission, the Justice Department, and the Commodity Futures Trading Commission are investigating Enron's possible part in the Western energy crisis of 2000/2001. While the investigations will result in three separate cases, the agencies have agreed to share data and witnesses.Judge Massey asserts that the Justice Department has withheld access to witnesses and data and is therefore impeding the investigation. She plans to ask for a six month delay in the hope that the Justice Department will allow more access to important information and people.The Justice Department has effectively denied the other agencies access to former Enron trader Timothy Belden, who plead guilty last year to conspiracy regarding market manipultion.Additionally, the Justice Department has a significant number of the records of depositions that were taken by the three agencies together.If the case is delayed, a decision would most likely be issued by December.
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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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