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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 Emphasizes Core Utility Operations
LCG, Jan. 24, 2002--American Electric Power Co. (AEP) announced that following a fourth-quarter loss of $837 million, it will sell domestic and overseas non-utility assets, many of which have recently fallen in value, and reduce its workforce by 1,300, or about 5%.The company is reducing its dividend to 35 cents a share from 60 cents in order to improve liquidity and reduce borrowing costs. "The once flourishing wholesale market is no longer the promising business we contemplated three years ago," said AEP chairman, chief executive and president, E. Linn Draper Jr. The company, which has most of its power generation assets in the Midwest, has already reduced its trading operations, like many other energy companies hurt by a loss of investor confidence.Draper noted that the company would be operating according to the "traditional model" of the regulated utility. While AEP has written off $1 billion in asset value this quarter in recognition of poor market conditions, it plans to sell subsidiaries such as AEP Coal at the best prices possible, without rushing to turn them into cash.
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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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