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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
PSEG to Close Two Coal Plants in New Jersey
LCG, October 6, 2016--PSEG announced yesterday that it will retire the Hudson Generation Station in Jersey City and the Mercer Generation Station in Hamilton Township on June 1, 2017. Hudson was opened in 1968 and has an electric generating capacity of 620 MW. Mercer was opened in 1960 and has a capacity of 632 MW. PSEG is evaluating all options for future use of the sites.
The president and chief operating officer of PSEG Power stated, "The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the significant investment required to upgrade these plants to meet the new reliability standards. The plants have been infrequently called on to run and neither plant cleared the last two PJM capacity auctions. The plants' capacity payments have been critical to their profitability and PSEG's ability to continue to invest in modernizing them."
PSEG currently is investing over $600 million in a new state-of-the-art combined-cycled gas plant in Sewaren, New Jersey (Sewaren 7) that is scheduled to be operational in 2018. Additional new combined-cycle plants in planned in Connecticut (Bridgeport Harbor 5) and Maryland (Keys Energy Center).
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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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