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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
FERC Approves Market Redesign Changes Proposed by California ISO
LCG, September 22, 2006--The Federal Energy Regulatory Commission (FERC) unanimously approved the Market Redesign and Technology Upgrade (MRTU) program submitted by the California Independent System Operator (California ISO). The MRTU is designed to improve the electricity market structure in California to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market, or Integrated Forward Market; the use by the California ISO of a Full Network Model of the grid to forecast and identify transmission congestion as a tool in managing congestion; simultaneous consideration of energy and ancillary services (reserves); Locational Marginal Pricing (LMP); and strengthening resource adequacy requirements for load-serving entities.
The FERC also directed the California ISO to expand upon price-responsive demand programs within sixty days of the order. Furthermore, the FERC directs the California ISO to schedule technical conferences to address commenter concerns, including operational rules regarding seams issues with other transmission service providers in the West.
The MRTU is scheduled to be implemented in November 2007.
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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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