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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
Davis-Besse Receives Approval for Restart
LCG, Mar. 8, 2004--The Davis-Besse nuclear power plant, situated beside Lake Erie near Toledo, Ohio, may be restarted by FirstEnergy Corp. following an extended shutdown during which the plant's reactor lid was replaced.The Nuclear Regulatory Commission gave notification of its approval of the restart today, following review of FirstEnergy's confirmation that it would agree to certain conditions for operation of and safety procedures at the facility. According to statements by regulatory officials at a meeting last month, progress had been made at Davis-Besse since an inspection in December reportedly turned up a number of items raising concern.During the year-long shutdown, FirstEnergy, which was criticized for weaknesses in its management and safety culture, purchased replacement power at a cost of $600 million.
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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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