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News
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LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.
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LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.
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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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