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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
York Research Defaults on Bonds, Ousts CEO
LCG, Oct. 31, 2001--Renewable energy firm York Research Corp. said yesterday that the $10,345,000 payment due under terms of $150 million of bonds issued by York Power Funding (Cayman) Limited would not be made.The company said that failure to make the payment, which was due yesterday, before November 9 would constitute default and allow the bonds' trustee to exercise remedies against the collateral put up for the borrowing.The collateral consists of York's interest in its Trinidad Project, Big Spring Project, Brooklyn Navy Yard Project and Warbasse Project.York also said it had over the past 18 months used for its general corporate purposes about $17.5 million in revenues generated by the Trinidad Project, which was a violation of bond covenants.As a result of these problems, Robert M. Beningson has been sacked as chairman, president and chief executive and was placed on unpaid leave of absence. Executive Vice President Robert C. Paladino has agreed to take over Beningson's functions.
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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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