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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
Duke Energy Receives Approval for New Proposal at Asheville Power Plant
LCG, March 1, 2016--Duke Energy Progress announced yesterday that it has received approval from the North Carolina Utilities Commission (NCUC) to make significant changes at its Asheville Plant. The agreement calls for the utility to build two, 280-MW combined cycle power blocks to replace the 376-MW coal plant, which will be retired by 2020. Construction of the natural gas-fired combined-cycle electric generating facilities is scheduled to commence this year and be in service by late 2019. The project is estimated to cost approximately $1 billion.
The retirement of the two coal units built over 50 years ago and the addition of the new gas-fired facilities will significantly reduce the environmental impacts associated with power generated at the site.
Duke Energy's North Carolina president stated, "We appreciate the North Carolina Utilities Commission's thorough consideration and decision on our Western Carolinas Modernization Project. We are fully committed to creating a smarter and cleaner energy future for the region."
Duke will also be pursuing a number of other activities related to the agreement. First, Duke will closely monitor collective progress toward reducing daily and peak power demand and will file annual updates on the progress to reduce peak load growth. If these efforts are successful, Duke Energy Progress will delay or cancel plans to file a future Certificate of Public Convenience and Necessity (CPCN) application for the commercial operation of a 186-MW simple-cycle facility at the site.
Second, Duke will file a future CPCN application to seek approval for a minimum of 15 MW of new solar generation over the next seven years after the Asheville coal units have been decommissioned and coal ash excavation is completed.
Third, the company will seek approval to install a minimum of 5 MW of utility-scale electricity storage over the next seven years.
The previous plan announced last May by Duke was founded upon building one, 650-MW combined cycle plant.
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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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