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News
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LCG, June 18, 2025--The U.S. Department of Energy (DOE) announced late today a new pilot program to expedite the testing of advanced nuclear reactor designs under DOE authority outside of the national laboratories. The new pilot program is intended to unlock private funding and provide a fast track to commercial licensing.
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LCG, June 17, 2025--X-energy Reactor Company, LLC (X-energy) announced yesterday that it has received key updates from the U.S. Nuclear Regulatory Commission (NRC) regarding the construction permit application for the initial deployment of the Xe-100 advanced reactor at a Texas Gulf Coast site. The NRC published an 18-month review timeline for the project, located in Seadrift, Texas, and will concurrently proceed with its environmental assessment. The NRC cited the completeness and quality of the application, as well as the effectiveness of pre-application engagements for the 18-month timeline.
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Industry News
Consumers Asks Regulators for Securitization Okay
LCG, July 7, 2000--Consumers Energy Co. said yesterday that it had filed an application with the Michigan Public Service Commission to begin the securitization process for approximately $473 million in qualified stranded costs.The announcement followed by a day that of Detroit Edison Co., Michigans other big electric utility, which on Wednesday asked the commission to approve $1.85 billion in stranded cost bonds.In the securitization process, new bonds are issued to refinance existing debt associated with utility assets that may become uneconomical in a competitive electricity market. Where the original debt is backed by the assets themselves, the new bonds are backed by the revenue flow generated by the assets. Because there is almost no risk associated with a utility collecting its bills, the new borrowing is less expensive than that it replaces.Consumers said the money it saves by issuing the new bonds will allow the company to offset the earnings impact of a 5 percent residential rates reduction that went into effect in June in connection with Michigans electric industry restructuring law.The company said that it had asked the commission to find that its Palisades nuclear power plant capital costs, net of depreciation, be identified as a qualified cost and thus be eligible for inclusion in the refinancing.Consumers said it hopes to issue the bonds by the end of the year.
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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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