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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
Nevada Utilities Ask FERC to Cut Prices in Power Contracts
LCG, Dec. 6, 2001--Nevada Power Co. and Sierra Pacific Power Co., both subsidiaries of Sierra Pacific Resources Inc., said yesterday they have filed formal complaints with the Federal Energy Regulatory Commission seeking a reduction in future prices on contracts they entered into when wholesale power prices were higher than they are now.The companies say the problem with their contracts is more than bad timing. The energy crisis in neighboring California had driven wholesale electricity prices to record highs and there was a question as to whether power would be available to the Nevada utilities to serve their customers in 2002 and 2003.The companies complain that the prices for power under their contracts are "the product of markets found by FERC to be dysfunctional and not competitive" and should come under the same price caps the commission imposed on spot power sales in the West last June.Nevada Power and Sierra Pacific Power were happy with their 2002 and 2003 contracts until FERC imposed price caps on the spot market last June. That, coupled with new generation sources coming on line and benign weather, resulted in a dramatic easing of wholesale prices in both the spot and long-term markets. Now, the companies feel that FERC is "penalizing states that had secured longer-term contracts at a time when spot power prices were out of control," according to Walt Higgins, chairman, president and chief executive of Sierra Pacific ResourcesIn their filing, made under Section 206 of the Federal Power Act, the companies are asking FERC to reduce the prices of the contracts to the current market prices.
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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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