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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
FERC Finds Entergy Bidding Process Not Competitive
LCG, Mar. 22, 2004--The results of bidding by generators to gain access to utility Entergy Corp.'s transmission system showed undue consideration for affiliates, analysts with the Federal Energy Regulatory Commission testified last week.Entergy gave 76 percent of network transmission capacity to entities with which it had no corporate ties, and 20 percent to affiliates, according to filings it made with the agency. A spokesman for Entergy told Reuters that an independent analyst oversaw the manner in which bids were awarded. Generators including Calpine Corp., TECO Energy and Tractebel Energy Marketing have asserted that Entergy did not treat all bids fairly.FERC's James Ballard wrote that Entergy Services Inc., the subsidiary handling the bids, "did not adequately analyze the ... bids with respect to transmission system impacts and their related cost implications." Sabine Joe, the other analyst who testified, said she believe Entergy had "committed affiliate abuse."The agency began investigating last year, due to questions about affiliate transactions and competition. FERC Judge Brenner will preside at a formal hearing on June 15.
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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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