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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
Natural Gas and Heating Oil Price Forecast Released
LCG, Oct. 8, 2003--The Department of Energy has forecast that the wholesale cost of natural gas will be 9 percent higher during the upcoming winter relative to the previous winter, roughly double prices seen several years ago.Supplies are predicted to be tight, even if temperatures are in the normal range. If the need for natural gas and heating oil for residential use is higher due to unusually cold temperatures, the cost of heating homes could rise by 22 percent over the cost last year.Guy Caruso, who heads the Energy Information Administration (EIA) within the Department of Energy, said the forecast EIA released took into account tight supplies of gas and heating oil, as well as crude oil and petroleum products generally. Caruso told the Associated Press, "There's not a lot of cushion if something goes wrong."
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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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