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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
Energy Company Executive Backs Derivatives Bill
LCG, July 10, 2002--The chairman of Aquila, Inc., Richard C. Green, Jr., testified today at a Congressional committee hearing that he sees energy derivatives as "no less important to the energy industry" than they are to the agricultural industry.Green told the Senate Agriculture, Nutrition and Forestry Committee today that derivatives allow risk to be distributed to those who are willing to accept it, and minimized for others who want to manage it. Speaking on legislation proposed by Sen. Diane Feinstein, D-Calif., that would regulate trading of derivatives and make the energy derivatives market subject to greater disclosure, Green said, "It is critical for bodies, such as this Committee, to work quickly to remove uncertainty from the markets, to make corrective remedies where warranted, and to allow the energy industry to get back to the business of building critically needed infrastructure."The Aquila chairman stated that he supports the most recent form of the Feinstein bill, "as it provides the necessary safety nets to restore public trust while not impeding the dynamics of this marketplace." Green said that futures, options and swaps, "have been shown to be a critical factor in investment and growth of the economy." Aquila, which last year expanded its trading operations, has undertaken a significant corporate restructuring in order to maintain its credit rating, shedding most of its energy trading activity and personnel.
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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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