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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
Midwestern Service Territories to Join PJM
LCG, Apr. 2, 2003--The three commissioners of the Federal Energy Regulatory Commission signed a conditional order allowing American Electric Power Co. Inc. and Exelon Corp. to transfer transmission grid assets to the control of the PJM Interconnection LLC.The two utilities sought the transfer, and were responding in part to FERC's order and related incentives concerning membership in a regional transmission organization. The earliest date at which control can be transferred is May 1. The transfer will be conducted in phases, and was thought by the commissioners to be a step towards reducing overlapping, or "pancaked" charges for transmission services. FERC believes that competition will be encouraged by lower barriers to supplier participation in wholesale markets.FERC's order, in dockets ER03-262 and ER03-263, states that AEP must provide evidence to support new rates it will instate after becoming part of PJM. FERC ordered the utilities to submit descriptions of the affected assets within 30 days.
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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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