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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
California ISO Announces New "Go-Live" Date for MRTU
LCG, August 23, 2007--The California Independent System Operator (California ISO) yesterday announced a new "go-live" date of March 31, 2008 (for a trade date of April 1, 2008) for the implementation of the Market Redesign and Technology Upgrade (MRTU) program. The prior target was February 2008.
The MRTU is designed to improve the electricity market structure in California so as to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market; models for the California ISO to forecast and identify transmission congestion as a tool in managing congestion; Locational Marginal Pricing (LMP) to provide the proper economic signals to influence new generation and transmission investments; provisions to enhance the development of demand response and renewable resources, and upgrades to the aging ISO computer system.
The California ISO stated that numereous MRTU milestones have already been achieved, such as the launching into production mode the system for Congestion Revenue Rights (CCRs).
The Federal Energy Regulatory Commission (FERC) in September 2006 unanimously approved the MRTU program submitted by the California ISO. At that time, the MRTU was 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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