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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
Common Wholesale Power Market Envisioned Between Midwest-ISO and PJM
LCG, Jan. 22, 2002--In a "Letter of Intent," the Midwest Independent Transmission System Operator, Inc. (MISO) and Pennsylvania-Maryland-Jersey Interconnection outlined plans yesterday to form a unified wholesale market composed of producers and consumers from the two organizations.The objectives described in the letter were the focus of discussions last week in which officials and representatives of MISO and PJM participated. The territory encompassed by the single market would include all of part of 27 Midwestern and mid-Atlantic states, the District of Columbia and Manitoba, the Canadian province.Phillip G. Harris, PJM president and chief executive officer, said, "This Letter of Intent reflects PJM and MISO's commitment to develop a single, robust energy market that meets the needs of all customers and stakeholders in the combined region." MISO's president and chief executive officer, James P. Torgerson, said, "working with PJM on a joint and common market design will allow both regions the opportunity to rapidly realize the benefits of a seamless power market."Among the major objectives outlined in the letter are "the safe and reliable operation of the electric power grid" and the formation of a market "administered by two separate organizations with certain functions undertaken jointly and others undertaken through common processes". Additionally, the market's "information technology network architectural design will be established that will provide for growth, redundancy, security and flexibility for he future."The two organizations plan to encourage a cooperative design process through the input of a joint committee including stakeholders from both organizations.
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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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