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News
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LCG, July 10, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted a construction permit application for review from the Tennessee Valley Authority (TVA) to build one of the nation’s first small modular reactors (SMR). TVA submitted its application in late May to use GE Vernova Hitachi’s BWRX-300 design and to install the advanced nuclear plant at its Clinch River site near Oak Ridge, Tennessee. TVA's application is the first in the U.S. that uses GE Vernova Hitachi’s BWRX-300 design.
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LCG, July 9, 2025--Strategic Value Partners, LLC (together with its affiliates, SVP) yesterday announced that its managed funds (the "SVP Funds") have agreed to acquire Red Oak Power, an 831-MW natural gas-fired combined-cycle power generation facility located in Sayreville, New Jersey.
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Industry News
Effects of Largest North American Power Outage Linger in Ontario
LCG, Aug. 18, 2003--Last week's power outage is still being felt in Ontario, where the province's Independent Electricity Market Operator, or IMO, instructed businesses, industry and consumers to curtail energy usage.The premier of Ontario, Ernie Eves, commended businesses for responding so diligently to a request he made for cuts of 50 percent. Power usage is not supposed to return to normal levels yet, as most government workers were told to stay home today, and auto production plants shifted some workers to night shifts in order to lower peak demand.The IMO said generating resources could provide up to 19,700 megawatts, below the usual level of about 21,900 megawatts that would be needed for this time of year. Conservation is needed to provide a generous reserve margin, and avoid levels of demand that could reach up to 24,000 megawatts given hotter weather and normal working conditions.Eves commented, "We can't use every single megawatt of power that we have in case of a maintenance problem somewhere in the system." It was unknown whether activity would be allowed to increase Tuesday, although all modes of public transportation, including the energy-intensive subway, were again available this morning at 6 A.M. for commuters.
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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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