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News
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LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.
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LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.
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Industry News
Midwest ISO Projects Savings with New Market Design
LCG, July 1, 2004--The Midwest Independent Transmission System Operator, Inc. (Midwest ISO) announced that it has completed an analysis of the projected cost savings that will result from the implementation of a new market design and congestion management system. Ron McNamara, Vice President of Regulatory Affairs and Chief Economist for the Midwest ISO, stated, "Our analysis projects that the introduction of centralized security-constrained economic dispatch using Locational Marginal Pricing will result in annual gross production cost savings of approximately $255 million throughout the Midwest ISO region. Furthermore, the implementation of regional dispatch will allow for more efficient use of the existing transmission and generation assets, which should not only lower spot energy prices, but also put downward pressure on prices in bilateral contracts, resulting in a potential annual gross savings of approximately $713 million to energy consumers." The announcement follows recent testimony submitted by Mr. McNamara to the Federal Energy Regulatory Commission (FERC).The Midwest ISO is scheduled to introduce the new market design and congestion management system on December 1, 2004 and to run systems in parallel operations for testing by market participants. The new market design is targeted to officially commence operations on March 1, 2005. The new market design follows the direction set by the FERC in its Order 2000 and the FERC's subsequent issuance of the Wholesale Power Market Platform in April 2003. The market design is similar to that already in use by PJM, ISO New England, and the New York ISO, and planned for implementation by the Electric Reliability Council of Texas (ERCOT) in late 2006 and by the California ISO in early 2007.
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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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