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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 Water Agency Wants $18 Billion for Power
LCG, Nov. 7, 2001--The California Department of Water Resources, the agency which has been buying electricity on behalf of the state's cash-strapped investor-owned utilities, said yesterday it needs $18 billion to cover emergency power purchases.At the same time, state Treasurer Phil Angelides said he would meet this week with state regulators in an effort to get them to take necessary action for California to issue $12.5 billion in bonds to pay for some $7 billion in power already purchased and consumed and to back up long term contracts reaching as far as 20 years into the future.The water agency said the $18 billion it needs would cover $10 billion from revenues to be collected from customers of investor-owned utilities, $7.8 billion from proceeds of advances from the state's general fund, and $160 million from sales to other utilities.Angelides, in a Santa Monica press conference, said that unless the general fund is repaid, popular programs such as increased aid for education might have to be abandoned."This bond issue must get done," Angelides told reporters. He said failure to issue the bonds would cause "monumental" damage to schools and many other essential public services.California had originally intended to market the bonds in May, and Gov. Gray Davis had at that time "guaranteed" that the general fund would be repaid not later than June 30. The bond issue was delayed several times, with the latest "inviolate" deadline set as October 31. That deadline, like the others, was violated.Under state law, the California Public Utilities Commission must approve details of the water agency's needs before the bonds can be marketed. The regulators' most recent objection has been that the bond issue would lock the state into paying $43 billion for the long-term power purchases now that market prices for electricity are much less than they were when the contracts were negotiated.Loretta Lynch, president of the CPUC, yesterday repeated her call to renegotiate the state's long-term power contracts, saying such talks should cover price, length, quantities and even contractual language."We have some very good legal arguments. We have some very good practical arguments," she said. "We need to go back to reform these contracts."
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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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