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
LS Power Announces New PPA for Plum Point Project
LCG, December 8, 2006--Plum Point Energy Associates, LLC ("Plum Point") announced yesterday that it has executed its second power purchase agreement (PPA) this week associated with the 665-MW Plum Point Project located near Osceola, Arkansas. The latest PPA is a 30-year agreement for 70 MW with Southwestern Electric Cooperative, Inc. ("SWECI"). LS Power announced that this PPA closes out subscription on the 665 MW facility.
The Plum Point Project is a greenfield, coal-fired power project. Construction began in March of this year, and commercial operations are scheduled to commence in mid-2010.
Earlier this week, LS Power announced that it had signed a 50 MW, 30-year PPA with Missouri Joint Municipal Electric Utility Commission ("MJMEUC"). Plum Point announced in August that it had signed a 200 MW, 30-year PPA with South Mississippi Electric Power Association. LS Power also states that it has a 30-year PPA for 50 MW with The Empire District Electric Company.
LS Power has previously announced that it has sold tenancy in common interests in the project to East Texas Electric Cooperative, Inc., the Missouri Joint Municipal Electric Utility Commission, the Empire District Electric Company, and the Municipal Energy Agency of Mississippi. Furthermore, it has stated that it retains a 62.85% ownership interest in the project.
Plum Point is a a member of the LS Power Group. On September 15, 2006, the LS Power Group and Dynegy, Inc. announced a merger transaction involving certain assets of the LS Power Group, including the Plum Point Energy Station, and Dynegy, Inc.'s assets.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
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