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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
DOE and B&W Sign Agreement to Develop mPower Small Modular Reactor
LCG, April 16, 2013--The Babcock & Wilcox Company (B&W) announced yesterday that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the Department of Energy (DOE) have signed a Cooperative Agreement for funding from the DOE's Small Modular Reactor (SMR) Licensing Technical Support Program to support the development and licensing of B&W's mPower technology.
B&W's mPower technology is based upon a 180-MW, integral pressurized water reactor design that uses a fully underground containment structure. With the Cooperative Agreement, approximately $79 million, allocated from the first year of the Licensing Technical Support Program, will now be available to the B&W mPower program.
A DOE representative stated, "The Department is pleased to complete this important step in our SMR Licensing Technical Support Program. Our work with B&W mPower will help advance the commercialization of safe and efficient SMRs in the United States. U.S.-built SMRs have the potential to cost-effectively support our nation's energy and climate goals while boosting U.S. manufacturing capabilities and job growth."
The signing of the Cooperative Agreement formalizes B&W's cost-share agreement with DOE, following the selection last November of the mPower America team - comprised of B&W, the Tennessee Valley Authority (TVA) and Generation mPower - as the winner of DOE's competitively bid funding opportunity, in support of commercial demonstration of the B&W mPower SMR by 2022. B&W mPower and Bechtel (who together formed Generation mPower LLC) will provide licensing and engineering support for the mPower America Project.
The new agreement shows continued progress to develop the mPower SMR technology. In February, B&W announced that B&W mPower executed a development agreement with the Tennessee Valley Authority (TVA) to prepare and support the Nuclear Regulatory Commission (NRC) review of a Construction Permit Application for a B&W mPower SMR at TVA's Clinch River Site in Oak Ridge, Tennessee.
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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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