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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
NRC Kicks Back FirstEnergy's Application to Renew Operating License for Beaver Valley Station
LCG, March 29, 2005--The Nuclear Regulatory Commission (NRC) has determined that the application to renew the operating licenses of Units 1 and 2 at FirstEnergy Nuclear Operating Companys (FENOC) Beaver Valley nuclear power station is unacceptable for docketing. FENOC stated that it plans to revise the 1,500-page license renewal application (LRA) and to resubmit the LRA to the NRC this summer.On February 9, 2005, FENOC submitted the license renewal application to the NRC, and the staff began its acceptance review to determine if the application is complete prior to initiating the detailed, technical review. The comprehensive document includes engineering reviews of plant equipment, components, structures and various programs. If granted, the renewal will extend the license to operate the plants by 20 years. The original, forty-year licenses were granted for Units 1 and 2 in the years 1976 and 1987, respectively. A spokesperson for FENOC stated that the situation is not urgent, as the current licenses for the two units do not expire until 2016 and 2027.The NRC staff found numerous shortcomings in the application, which was three years in the making. The NRC staff identified sections of the application that were: overly general, lacking a basis for conclusions, inconsistent or provided insufficient explanations, lacked non-safety related structures and components scoping, inadequate information for severe accident mitigation alternatives (SAMA) analysis, lack of discussion of recent renewal review experiences, and technically incorrect information. A spokesperson for FENOC stated that revisions would be made after FENOC arranges for a new vendor to update the application.
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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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