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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
Power Purchases Between Southern Affiliates Under Review
LCG, July 9, 2003--Power purchases by the utility Southern Power, a unit of Southern Co., from power plants owned by corporate affiliates, were ordered to be subject to judicial review by the Federal Energy Regulatory Commission.The federal agency gave approval to the long-term contracts, which secure 1,240 megawatts from generating units under construction at Georgia's McIntosh plant, after Southern Power requested such approval. FERC responded in its order to issues raised by Calpine Corp. and the Electric Power Supply Association, which represents merchant generators.Southern Power stated to FERC that the purchases came out of "a highly competitive, state commission-supervised resource solicitation, evaluation and certification process that meets all of the Commission's legal requirements for ensuring just and reasonable rates through a competitive bidding process that was fairly implemented for all bidders."
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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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