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News
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LCG, June 4, 2025--Energy Vault Holdings Inc. (Energy Vault) and Jupiter Power (Jupiter) today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. The initial BESS project, located near Fort Stockton, Texas, was completed in July 2024, with a storage capacity 100 MW/200 MWh. The new BESS project will add another 100 MW/200 MWh of capacity. Construction has commenced, and the project is expected to achieve commercial operations by the end of this summer.
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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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Industry News
Minnesota Power Moves Forward with Biomass Initiative
LCG, April 18, 2007--Minnesota Power announced earlier this week its plans to develop biomass resources as a key element to providing clean, renewable, "carbon-friendly" electricity to serve its customers. The plans are part of its "Biomass Initiative," a long-term energy plan that includes the evaluation and screening of a variety of biomass projects. Primary biomass feedstocks include wood waste and forestry residues.
The screening process included a number of factors, and those feasible projects with the best economics have now advanced to become finalists in the process. The short list includes the construction of 50-MW biomass fueled unit at Minnesota Power's Laskin Energy Center in Hoyt Lakes, and consuming biomass fuel at existing Minnesota Power facilities; and developing projects at customer sites which provide process improvements and generation additions.
Minnesota Power will work with other entities to further define the top projects, including the development of the biomass supply plan necessary to support the fuel requirements of the projects. The final plans will be submitted by Minnesota Power to the State as part of the company's Integrated Resource Plan (IRP) later this year.
In February, Minnesota Governor Pawlenty signed legislation that requires electric utilities, including municipal power entities, to use renewable energy to supply 25% of retail electric sales to customers in Minnesota by the year 2025. The new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.
Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may be assessed if goals are not met.
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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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