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News
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LCG, July 10, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted a construction permit application for review from the Tennessee Valley Authority (TVA) to build one of the nation’s first small modular reactors (SMR). TVA submitted its application in late May to use GE Vernova Hitachi’s BWRX-300 design and to install the advanced nuclear plant at its Clinch River site near Oak Ridge, Tennessee. TVA's application is the first in the U.S. that uses GE Vernova Hitachi’s BWRX-300 design.
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LCG, July 9, 2025--Strategic Value Partners, LLC (together with its affiliates, SVP) yesterday announced that its managed funds (the "SVP Funds") have agreed to acquire Red Oak Power, an 831-MW natural gas-fired combined-cycle power generation facility located in Sayreville, New Jersey.
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Industry News
Renewables Bill Passes CA Legislative Committees
LCG, August 20, 2002-A renewable energy bill that would require 20 percent of energy to be provided by renewable resources as of 2017 was passed by two California legislative committees yesterday.The Assembly Utilities and Commerce Committee passed the measure after a year's delay, along with a companion measure providing funding for renewable energy via a public goods charge. The public goods charge would appear as a 3 percent surcharge on electricity bills.The 20 percent requirement, presented by Senator Byron Sher, D-Stanford, was also passed by the Assembly Natural Resources Committee later yesterday.The bill now makes it way to the Assembly Appropriations Committee.Sher brought the measure forward in response to increasing dependence on natural gas as an energy source in California.Among others, members of the Union of Concerned Scientists, Governor Gray Davis, and investor-owned utility Southern California Edison are in favor of the bill, although the other major California utilities, Pacific Gas & Electric and San Diego Gas & Electric, are opposed.Also on Monday, the California Assembly passed a bill yielding the state more authority in plant construction. The bill allows the California Energy Commission to cancel a plant construction permit if the permit-holder does not begin construction within 12 months of permit issuance.
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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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