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News
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LCG, June 18, 2025--The U.S. Department of Energy (DOE) announced late today a new pilot program to expedite the testing of advanced nuclear reactor designs under DOE authority outside of the national laboratories. The new pilot program is intended to unlock private funding and provide a fast track to commercial licensing.
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LCG, June 17, 2025--X-energy Reactor Company, LLC (X-energy) announced yesterday that it has received key updates from the U.S. Nuclear Regulatory Commission (NRC) regarding the construction permit application for the initial deployment of the Xe-100 advanced reactor at a Texas Gulf Coast site. The NRC published an 18-month review timeline for the project, located in Seadrift, Texas, and will concurrently proceed with its environmental assessment. The NRC cited the completeness and quality of the application, as well as the effectiveness of pre-application engagements for the 18-month timeline.
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Press Release
2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO
LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).
Market participants are busy preparing for the Congestion Revenue Rights (CRRs) allocations and auctions coming over the next weeks. They should pay attention to the changing system conditions that will impact their ability to acquire new CRRs and greatly affect the value of these products.
The state's energy market is navigating profound changes, from ambitious renewables standards to energy shortages and unprecedented growth in storage.
By performing a detailed market analysis, forecasting the hourly operations of CAISO through rigorous software simulation, LCG was able to determine that congestion patterns will be different than in previous years. For example, prices in the North of the State will not track the prices in the South as closely as they have in previous years. This divergence is due to a number of interrelated factors, including:
- The retirement of many natural gas power plants in the Edison footprint
- Significant transmission outages that will disrupt normal power flow patterns
- New storage and solar
- Limited capacity in the early evenings causing additional imports
Changes in congestion patterns indicate that certain market participants will be at risk when supplying power to locations different than where it is procured -- especially if they do not have congestion hedges or are hedging the wrong paths. Others may benefit greatly.
If you are interested in more information regarding LCG’s CAISO forecasts, please contact julie.chien@energyonline.com or 650-962-9670x110.
About LCG Consulting:
Silicon Valley-based LCG Consulting has been modeling power systems for more than 30 years. In that time, energy market participants and research institutions across the United States and internationally have relied on LCG models for every type of application, from electricity trading, plant siting, asset valuation, transmission planning and testimony support.
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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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