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News
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LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the Mesteño Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.
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LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.
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Industry News
DTE Energy Receives License from NRC for New Reactor at Fermi Plant
LCG, June 12, 2015-The Nuclear Regulatory Commission (NRC) recently approved the license to construct and operate Fermi Unit 3 at DTE Energy's existing nuclear plant near Newport, Michigan, where the 1,170-MW Fermi Unit 2 has been operating since 1988.
Fermi Unit 3 is the fifth new reactor to complete the NRC's combined license (COL) process. DTE Energy has not committed to building the new reactor and is keeping the option open for long-term planning purposes.
GE-Hitachi Nuclear Energy is the reactor vendor for Fermi Unit 3, and the reactor type is an Economic Simplified Boiling-Water Reactor (ESBWR). The NRC certified the ESBWR design in October 2014. The ESBWR is a single-cycle, boiling-water reactor (BWR). The containment vessel is a cylindrical steel-lined reinforced concrete structure integrated with the reactor building. Based on the reference design, the plant operates at a net estimated electrical power output of approximately 1,535 MW.
DTE Energy submitted its COL application to the NRC in September, 2008.
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Generator X
Generation and Transmission Planning and Optimization
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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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PowerMax
Day-ahead and real-time portfolio revenue optimization
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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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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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