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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
Group of Companies to Explore Nuclear Licensing
LCG, Mar. 31, 2004--A group of power generation companies plans to split the costs associated with the regulatory process for a nuclear power facility, an effort which could lead to the construction of a nuclear plant beginning by the end of the decade.The Nuclear Regulatory Commission's licensing process has been changed to allow the agency to issue not only a construction permit but an operating license, based on a generic reactor design. The members of the consortium includes Exelon Corp., Entergy Nuclear, Constellation Energy Group Inc., Southern Co., EDF International North America Inc. (a unit of Electricite de France), as well as reactor builders General Electric Co. and Westinghouse Electric Co. The reactor vendors have already submitted designs for consideration by the NRC. Members of the group have said that they are ready to spend $7 million annually in the hopes that they can obtain a permit by 2010, although they have stressed that the effort will not definitely result in a decision to build a plant.The agreement among the companies will allow any of those involved to proceed towards construction of a plant, whether independently or as part of a group.
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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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