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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
Federal Regulators Settle BP Energy Allegations for $3 Million
LCG, July 22, 2003The Federal Energy Regulatory Commission and BP Plc. came to an agreement over BPs alleged electricity market manipulation. In March an investigation by FERC uncovered activity between BP Energy Company and Reliant Resources that allegedly showed manipulation of Western electricity prices during the 2000/2001 energy crisis. FERC staff found that BP staff sold energy to Reliant and then repurchased it in order to influence electricity prices at the Palo Verde hub. While some people find so-called round-trip trades legitimate, BP did respond to FERCs report and noted the trades were inappropriate.According the Commission, BP will pay $3 million to United Way in California and Arizona. BP electricity sales will have to pass FERC review for the next six months. Also, energy trading records, such as reports on trades and copies of trading tapes, will be submitted to FERC.
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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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