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News
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LCG, May 15, 2025--The Federal Energy Regulatory Commission (FERC) announced today the release of the staff’s 2025 Summer Assessment on the outlook for energy markets and electric reliability during the June to September time frame.
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LCG, May 14, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted Dow's construction permit application to build X-energy Reactor Company, LLC's ("X-energy") first small modular reactor (SMR) plant to power a chemical facility in Seadrift, Texas. Dow's wholly-owned subsidiary, Long Mott Energy LLC, is developing the project to provide Dow's UCC1 Seadrift Operations manufacturing site with safe, reliable, and clean power and industrial steam to replace existing energy and steam assets that are approaching end-of-life. The project is part of a demonstration project supported by the U.S. Department of Energy (DOE) and, if approved, would be the first advanced nuclear facility at an industrial site in the United States.
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Industry News
FERC Approves Market Redesign Changes Proposed by California ISO
LCG, September 22, 2006--The Federal Energy Regulatory Commission (FERC) unanimously approved the Market Redesign and Technology Upgrade (MRTU) program submitted by the California Independent System Operator (California ISO). The MRTU is designed to improve the electricity market structure in California to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market, or Integrated Forward Market; the use by the California ISO of a Full Network Model of the grid to forecast and identify transmission congestion as a tool in managing congestion; simultaneous consideration of energy and ancillary services (reserves); Locational Marginal Pricing (LMP); and strengthening resource adequacy requirements for load-serving entities.
The FERC also directed the California ISO to expand upon price-responsive demand programs within sixty days of the order. Furthermore, the FERC directs the California ISO to schedule technical conferences to address commenter concerns, including operational rules regarding seams issues with other transmission service providers in the West.
The MRTU is scheduled to be implemented in November 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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