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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
AEP Cuts Back Speculative Trading
LCG, Oct. 11, 2002--Liquidity in energy trading is likely to decline further, following the announcement yesterday by American Electric Power Co. (AEP) that it will significantly reduce the resources it had devoted to speculative trading.A top trader at AEP, Rick Snowdon, departed from the company in May along with others who worked with him, citing personal reasons for leaving. This had led some at other firms to infer that AEP had incurred losses on its trading operations. The company applied to the Electric Reliability Council of Texas in September to mothball older coal-fired generators which had served the Texas market, a market which has more than adequate supplies of power.A significant amount of AEP's coal-fired generation will continue to supply the Midwest with inexpensive power. AEP's overall generation portfolio totals 42,000 megawatts. The company's earnings estimates for the current year have been cut by 11 percent, AEP chairman, chief executive and president Linn Draper said Thursday. Draper stated that the company "is painfully aware that the current market conditions won't reward the scope and scale of our trading and marketing business that we built over the last several years.A trader quoted by Reuters said, "These things make trading conditions that much more difficult. They are causing everybody to be that much more conservative in who they trade with and make it more costly to trade." Much of speculative trading involves contracts based on estimates of the future price of power.
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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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