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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 Finds Much Room for Demand Response
LCG, July 9, 2003--Despite high natural gas prices and resulting increased power prices, staff of the Federal Energy Regulatory Commission have found little evidence of coordinated reduction in demand aimed at heading off price spikes.Those regions of the country that have experienced the most severe power price increases include Florida, Texas and the West Coast, according to FERC's Office of Market Oversight and Investigations. It stated that FERC has tried to bring rules into effect that would increase the potential benefits of demand response. The areas of the country where demand response has received the most attention are New York, Connecticut, California and Florida.The Office of Market Oversight and Invesigations' Summer Energy Market Assessment included remarks in the outline that "Demand response, an effective tool for dampening price spikes, is missing from electricity markets."
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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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