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News
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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.
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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."
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Industry News
Cold Boosts Gas Prices to Two-Year Highs
LCG, Jan. 24, 2002--Seasonal price fluctuations and unusually cold weather in the Eastern part of the U.S. have brought natural gas prices to two-year highs, and resulted in some power plants being taken out of operation.In the Tennesse Valley Authority (TVA) service territory, temperatures on Thursday resulted in an all-time winter record for system power demand. Record low temperatures were recorded in much of the Southeast, in some cases by as much as ten degrees below the previous record. Areas further to the north are experiencing prolonged low temperatures in the single digits.The continued low temperatures and increased use of gas for heating have brought gas prices to levels at which some power marketers engaged in tolling agreements with power plant owners (the marketers obtain the fuel needed to run the plant and pay the plant owner for the right to sell the output) have sold gas supplies rather than run the plants. Williams Energy Marketing, for one, has made little use of the Ironwood and Red Oak power plants in Pennsylvania and New Jersey for the past few months. Rather than utilize the plants, owned by AES Corp., Williams has been buying power from other sources while making profits from its gas supplies.Prices for gas have remained elevated due to ongoing high levels of consumption. At the same time, the amount of gas in storage is falling relative to 5-year average levels. Some analysts are projecting that if the trend continues, prices could reach $8/mmBtu this quarter.
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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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