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News
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LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.
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LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.
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Industry News
California ISO Sets New Implementation Date for the Market Redesign
LCG, January 26, 2006--The California Independent System Operator (California ISO) announced yesterday that it will defer the implementation date for its Market Redesign and Technology Upgrade (MRTU) program. The implementation date is being pushed back from February 1, 2007 to November 1, 2007.Drivers of the delay include software revisions, such as those necessary to incorporate new resource adequacy rules set by the California Public Utilities Commission, and a new assessment of the effectiveness of the program's project management. The budget for the program has also been increased by approximately $30 million.The objective of the MRTU program is to improve the electricity market structure in California to enable an efficient, competitive, robust market to evolve. The primary elements of the MRTU include the Integrated Forward Market, Full Network Model, and Locational Marginal Pricing (LMP). Implementation of the MRTU will generally create day-ahead and real-time markets similar to those currently operating in the northeastern United States. In conjunction with the market design changes, the MTRU includes a major overhaul of computer systems and infrastructure. The revised budget for the MRTU program is now $170 million.
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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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