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News
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LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.
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LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."
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Industry News
FERC Receives Criticism Over Grid Incentives
LCG, Mar. 14, 2003--The period allowed by Federal Energy Regulatory Commission (FERC) for public comment on current rulemaking proposals ended yesterday, with a number of commercial energy users and state agencies questioning a method to reward utilities that sell their transmission assets or make them part of regional grids.Numerous estimates were made of how much energy consumers would pay to utilities that were allowed incentives of up to 300 basis points in higher rates of return to yield control of their transmission assets. FERC believes that opening the transmission grid by encouraging regional transmission organizations would lead to lower energy prices. While the Edison Electric Institute, a representative for a group of large investor-owned utilities, put the cost of the incentives at $20 million per year, a group of state consumer advocates estimated their cost at $711 million per year.Profit margins of 15 percent could be possible for utilities under the proposed rules. Williams Cos. Inc. found that the reduction of discrimination in grid access would be beneficial, with the incentives costing residential consumers less than $2 per year. Companies submitting comments to the FERC included Boeing Co., Georgia-Pacific Corp., Hewlett-Packard Co. and Weyerhauser Co. Members of that group found the rates of return that would be allowed to be excessive.
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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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