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News
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LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.
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LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."
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Industry News
Outlook Questionable for LG&E's Participation in the Midwest ISO
LCG, December 29, 2004--Earlier this month LG&E Energy LLC notified the Midwest ISO (MISO) that its Louisville Gas and Electric Company and Kentucky Utilities subsidiaries plan to withdraw from the regional transmission organization (RTO). LG&E Energy conducted a cost-benefit analysis and estimates that its utilities would save over $65 million over the next five years by leaving the MISO, even after incorporating an exit fee of $23.8 million.The Kentucky Public Service Commission (PSC) began an investigation earlier this year into the utilities joining the MISO, and a hearing is scheduled to begin after February 1, 2005. The costs to LG&E utilities for participating in the MISO, estimated to be $7 million for retail customers, can not be added to utility bills prior to PSC approval.Estimating the costs and benefits related to establishing and operating regional transmission organizations is an on-going concern. In neighboring Virginia, state legislation required utilities, such as Virginia Power, to join an RTO, thus making cost-benefit analyses somewhat a moot issue. To support the development of RTOs, the Federal Energy Regulatory Commission (FERC) released a study in October designed to estimate the cost of developing a "Day One RTO" that meets the minimum requirements of the FERC's Order 2000. Given the unique nature of each of the limited number of existing RTOs, the FERC's review of actual cost data showed considerable cost differences between RTOs.The MISO has been conducting training and testing for its new market structure, which includes locational marginal pricing (LMP), and the market is planned to open on March 1, 2005.
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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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