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News
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
Read more
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Industry News
NuScale Power Announces Updated Evaluation for NPM with 25 Percent Increase in Output
LCG, December 11, 2020--NuScale Power announced Wednesday that updated evaluations for the technical feasibility and economics of producing hydrogen using heat and electricity from a NuScale Power Module™ (NPM) show that the NPM can generate an additional 25 percent more power per module for a total of 250 MWt (or 77 MWe) per module.
The hydrogen study was originally conducted in 2014 with the Idaho National Laboratory (INL) and has been updated with new production and economic parameters.
NuScale's ability to produce carbon-free hydrogen could assist in decarbonizing transportation. According to NuScale, a single NPM can produce enough hydrogen to power 38,000 fuel cell vehicles or 1,500 long-haul fuel cell trucks at average annual fuel usage rates in the United States.
The Chief Technology Officer and Co-founder of NuScale Power stated, "The ability of our NPM to now produce even more clean hydrogen, in a smaller footprint, is yet another example of how NuScale's technology can help decarbonize various sectors of the economy while providing additional revenue streams for customers. Coupled with our proven design, unparalleled safety, and load following capabilities, this analysis further demonstrates that NuScale's design is the gold standard in helping meet the demand for innovative solutions to challenging global energy needs."
The increased power output expected by NuScale should result in lower levelized cost of electricity, and hydrogen produced by a NuScale high-temperature steam electrolysis (HTSE) system is forecast to be cost competitive with high capacity factor renewable hydrogen cost estimates while also providing continuous, controlled hydrogen production.
In the analysis, energy from a single NPM in the form of superheated steam and electricity are directly routed to a HTSE system operating at 850°C. Only 2 percent of the electrical output (~1.8 MWe) of the NPM is used to increase the process steam temperature from 300°C at the NPM outlet to 850°C for the electrolyzer. NuScale's innovative multi-module power plant design means that a NuScale plant could produce reliable carbon-free electricity for the grid while allocating one or more modules to economically produce hydrogen when electricity demand is low.
NuScale's ability to produce clean hydrogen could assist in decarbonizing transportation, since a single NPM can produce enough hydrogen to power 38,000 fuel cell vehicles or 1,500 long-haul fuel cell trucks at average annual fuel usage rates in the United States.
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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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