EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

DOE Announces New Path to Test Advanced Nuclear Reactors

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.

Read more

X-energy Announces Receipt from NRC of Schedule for Xe-100 Construction Permit Application

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.

Read more

Industry News

ISO Board Drops Spot Market Price Cap to $250

LCG, Aug. 2, 2000--In a rancorous meeting marked by accusations of price gouging by electricity generators and poor forward planning by utilities, the oversight board of the California Independent System Operator yesterday voted to lower the price cap on power sold in the spot wholesale electricity market from $500 to $250 per megawatt-hour.

The lower price takes effect next Monday.

The limit had been reduced from $750 to $500 only weeks ago, in response to high prices being passed through to customers of San Diego Gas & Electric Co., which no longer operates under the price freeze imposed by the California electric restructuring law.

Yesterday was the third time the oversight board had considered dropping the price cap to $250. On two previous occasions the board, after long meetings, sided with power producers who said that artificially low power prices would discourage development of new power plants in the state.

In news reported yesterday Duke Energy Corp., a North Carolina company that operates power plants in California, said it would provide state utilities with wholesale power at $50 per megawatt-hour under long-term contracts, if the law permitted it to do so.

Californias three big utilities are prevented from entering into such contracts by the electric deregulation law, which mandates that they buy all of their power through the California Power Exchange, a sister organization to Cal-ISO.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service