EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

NuScale Power Achieves Standard Design Approval from NRC for 77 MW SMR

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.

Read more

EIA Presents Analysis of California's Solar and Wind Power Curtailment Challenges

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.

Read more

Industry News

Entergy Expands Its Nuclear Footprint into the Midwest

LCG, July 13, 2006--Entergy Corp. announced yesterday that it has reached an agreement with Consumers Energy, the principal subsidiary of CMS Energy, to purchase the 798-MW Palisades Nuclear Plant, located near South Haven, Michigan, for $380 million.

Entergy's existing nuclear plants are located in the Southeast and in the Northeast. In the Midwest, Entergy currently operates the Cooper Nuclear Station, owned by Nebraska Public Power District and located in Brownville, Nebraska. Entergy also stated yesterday that it wants to expand its fleet of nuclear power plants in the Midwest and plans to consider buying Wisconsin Energy Corp.'s 1,012-MW, Point Beach Nuclear Power Plant, which is located north of Milwaukee, Wisconsin.

The purchase price for the Palisades Nuclear Plant includes $242 million for the plant itself, $83 million for nuclear fuel, and $55 million in related assets. Other elements of the agreement include: (a) Entergy selling 100 percent of the output from the plant (up to its current capacity) to Consumers Energy for 15 years; (b) Entergy assuming responsibility for future plant decommissioning, with Consumers Energy retaining $200 million of the current $566 million Palisades decommissioning funds balance and the later return of $116 million more pending a favorable federal tax ruling; and (c) Consumers Energy paying Entergy $30 million to take over responsibility for the spent fuel at the decommissioned Big Rock Point nuclear plant in Michigan.

Palisades will be the third nuclear plant owned by Entergy that utilizes the Combustion Engineering pressurized water reactor design. An application for a 20-year extension of the operating license was previously submitted, and Entergy anticipates approval early next year. The existing operating license expires in 2011.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service