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News
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LCG, June 18, 2025--The U.S. Department of Energy (DOE) announced late today a new pilot program to expedite the testing of advanced nuclear reactor designs under DOE authority outside of the national laboratories. The new pilot program is intended to unlock private funding and provide a fast track to commercial licensing.
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LCG, June 17, 2025--X-energy Reactor Company, LLC (X-energy) announced yesterday that it has received key updates from the U.S. Nuclear Regulatory Commission (NRC) regarding the construction permit application for the initial deployment of the Xe-100 advanced reactor at a Texas Gulf Coast site. The NRC published an 18-month review timeline for the project, located in Seadrift, Texas, and will concurrently proceed with its environmental assessment. The NRC cited the completeness and quality of the application, as well as the effectiveness of pre-application engagements for the 18-month timeline.
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Industry News
Greenspan Sees No Quick End to High Natural Gas Prices
LCG, June 11, 2003--The chairman of the Federal Reserve, Alan Greenspan, testified before Congress yesterday on the rise of natural gas prices, and the lack of new supplies to counter the trend.A year ago, the typical price per million btu was around $3.50, but recently has been near $6. Much of the rise has apparently come from the drop in inventories brought on by an unexpectedly cold, longer winter and increased need for heating. Greenspan said that the cost of natural gas is cutting into corporate earnings and household spending on other goods, and could delay national economic recovery. Given the signals from the forward market for gas, Greenspan said that a price level of around $2 per million btu represents "a historical relic, at least for the time being."The chairman noted that drilling companies' discoveries are not producing the same increase in production that they had previously. He said that the U.S. should seriously consider significant expansion of liquid natural gas terminals to handle shipments from overseas, as even Canada, which supplies about 15 percent of national consumption, is not able to boost its exports to the degree that prices would be noticeably affected.
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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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