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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
Governor Expands California Solar Roofs Plan
LCG, August 23, 2006--California Governor Schwarzenegger yesterday signed legislation to expand the California Solar Initiative. The plan is designed to result in one million solar roofs in California by 2018.
In January 2006, the California Public Utilities Commission (CPUC) approved the California Solar Initiative (CSI), a program designed to provide approximately $2.8 billion in incentives to spur development of approximately 3,000 MW of solar electric generating capacity over the period from 2006 through 2016.
With the Governor's approval yesterday of SB 1, elements of the Million Solar Roofs plan that the CPUC does not have the authority to mandate can now be implemented. For example, the plan will no longer by limited to Pacific Gas and Electric, Southern California Edison and San Diego Gas and Electric - the utilities regulated by the CPUC - but will be expanded to include the municipal-owned utilities, including the Los Angeles Department of Water and Power (LADWP) and the Sacramento Municipal Utilities Division (SMUD).
The new legislation will also increase the number of consumers that can sell surplus electricity back to the utilities by a factor of five (from 0.5 percent to 2.5 percent).
Another key element of SB 1 is that, commencing January 2011, it will require a developer of more than 50 new single family homes to offer a solar energy system alternative to all customers.
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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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