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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
NRC Approves License Extension for PSEG Nuclear's Hope Creek Generating Station
LCG, July 21, 2011--The U.S. Nuclear Regulatory Commission (NRC) yesterday approved PSEG Nuclear's request to extend the original, 40-year operating license for Hope Creek Generating Station an additional 20 years. With the extension, the 1,216-MW nuclear power plant will be licensed through 2046. PSEG Nuclear filed its request to extend the license nearly two years ago in August 2009.
The NRC approved at the end of June a similar, 20-year extension for PSEG's adjacent Salem Generating Station Units 1 and 2 through 2036 and 2040, respectively. Salem Units 1 and 2 each have a net generating capacity of approximately 1,175 MW. PSEG's three nuclear units provide a significant quantity of base load, carbon-free electricity to consumers in the area.
PSEG Nuclear continues to pursue constructing another nuclear plant in Salem County. In May 2010, the company filed an application for an early site permit (ESP) and expects an NRC decision by the end of 2013.
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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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