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News
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LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.
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LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.
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Industry News
Avista Pays $2.1 Million to Settle Energy Futures Case
LCG, Aug. 22, 2001--Avista Corp. yesterday agreed to pay $2.1 million to settle, without admitting wrongdoing, charges that the company's power trading unit had manipulated electricity futures contract prices on the New York Mercantile Exchange in 1998.The U.S. Commodity Futures Trading Commission had brought the case, charging that Avista and two of its traders manipulated prices of futures contracts in electricity for delivery at the California-Oregon Border and the Palo Verde switchyard in Arizona between April and August, 1998.The two traders, former vice president for trading Thomas Johns and former trader Michael Griswold, agreed to settlement payments of $50,000 and $110,000 respectively. Neither is still an employee of Avista.The CFTC said that Avista, on four separate and identifiable occasions, bought futures contracts for more than the prevailing price, or sold contracts below the prevailing price, for the two delivery points, thus influencing the settlement price in the direction desired."The commission found that Avista Energy and the settling former employees manipulated the prices of NYMEX Palo Verde and COB contracts on four specific dates in 1998 to affect the value ofAvista's over-the-counter options contracts," said Phyllis Cela, acting director of the agency's enforcement division.Charges are still pending against two other Avista employees and a NYMEX floor broker in connection with the same price manipulation.
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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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