News
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
Dynegy Ex-Executives Plead Guilty to Fraud Charges
LCG, August 7, 2003Former Dynegy executives Gene Foster and Helen Sharkey pled guilty to conspiracy to commit securities fraud. According to the prosecution, the two bought natural gas from the partnership ABG Gas Supply LLC at $300 million below market price, sold the gas at market price, and recorded the $300 million profit. Allegedly the executives promised ABGs banks a full repayment and therefore the arrangement should have been recorded as a debt instead of a profit. The indictment included a related and allegedly inappropriate $79 million tax benefit. Sharkey and Foster remain free on bond after entering guilty pleas and will return to court October 24 for sentencing. They have agreed to work with prosecutors. The two executives were fired in February, and Dynegy has since reevaluated and restated its financial situation. Foster served as vice president for tax matters for Dynegy, and Sharkey was accounting manager.
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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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