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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
California's Search for Renewables Drives New Transmission Line
LCG, November 4, 2005--Pacific Gas and Electric Company (PG&E) and Sea Breeze Pacific West Coast Cable, LP, announced yesterday that they will study the development of a new, underwater electric transmission cable that would deliver electricity from the Northwest to California. The proposed 1,600 MW, High Voltage Direct Current (HVDC) undersea cable would extend approximately 650 miles from Portland, Oregon to the San Francisco Bay Area, running a few miles off-shore.The Memorandum of Understanding (MOU) provides for the companies to work together to study the design, construction, future operation and ownership issues related to the project.The project could be part of major change to the Western grid that would increase access to renewable resources in the Northwest for California's markets, which are now driven by renewable energy goals. The State of California's Renewables Portfolio Standard (RPS) Program requires each utility, including PG&E, SDG&E and Southern California Edison, to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal by 2010. Furthermore, many public power entities in California have similar goals. Last year the Los Angeles Department of Water and Power (LADWP) began developing its RPS to increase its share of power generation through renewable energy sources to 13% of its energy by 2010 and 20% by 2017. With California's goals for renewables, there is a strong incentive to construct additional transmission capacity that would enable further development of renewable wind and hydro power in the Northwest.For example, Sea Breeze Power Corp. is developing the 450-MW, Knob Hill Wind Farm, located on the northern tip of Vancouver Island, British Columbia. This region has been identified by the World Energy Council as having the best wind potential in the world.Sea Breeze Pacific Regional Transmission System Inc., (a 50/50 joint venture between Sea Breeze Power Corp. and Boundless Energy, LLC) previously filed for a 1,600-MW HVDC undersea cable (expandable to 3,200 MW) along portions of British Columbia, Washington, Oregon and California for approximately 1,200 miles.
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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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