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News
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LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.
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LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.
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Industry News
California Takes a Bath on Surplus Power
LCG, July 18, 2001The state of California is selling surplus electric power and losing money perhaps a lot of money on every megawatt-hour, according to a report in this morning's issue of the San Jose Mercury-News.All year long, the state, through the California Department of Water Resources, has been purchasing power, often at top prices, in an effort to stave off rolling blackouts during the summer. With the arrival, a number of factors have combined to give the state a surplus.The weather has cooperated to a marked degree, with peak demand much less than predicted. In addition, power plants owned by independent generators have been reliable following maintenance over the winter and three large new generating stations have begun producing electricity. On top of that, Californians have been answering the call to conserve power spurred by the specter of higher prices."We're seeing certain times of the day where we may not need power that we previously thought we needed, and we're selling it on the open market," Oscar Hidalgo, spokesman for the water agency told the Mercury-News. "We're probably moving a little more power than we anticipated, but I don't think anybody anticipated a July like we're experiencing."The California Independent System Operator has daily been reporting around 42,000 megawatts of power available while demand has been far lower. Today, for example, Cal-ISO expects demand to reach 32,210 megawatts, meaning a surplus of around 10,000 megawatts.Because electricity can't be stored, the state has been obliged to sell its surplus for whatever it can get, which in some cases hasn't been much."There's a painful lesson to be learned when you overbuy when supplies are tight," Gary Ackerman, executive director of the Western Power Trading Forum, told the paper. "Anybody can lose money in this business, and the state of California is getting a taste of that."According to California Energy Markets, a trade weekly, the state was selling power last Thursday at $25 per megawatt-hour. Ackerman said the state has been selling power for as little as $1 to $5 per megawatt-hour. Power was selling on the spot market for $20 to $40 per megawatt-hour yesterday.Whether the state planned well or overbought is hard to say, the Mercury-News observed. The contracts could prove invaluable if another heat wave threatens blackouts. Ackerman likened power contracts to insurance -- a prudent move to guard against shortages and price spikes, even if it turns out you don't need it.
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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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