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News
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LCG, April 23, 2026--TerraPower announced today the official start of construction on its Kemmerer Unit 1 nuclear power plant, which could be the first utility-scale advanced nuclear power plant in the United States. In early March, the Nuclear Regulatory Commission (NRC) announced that it had authorized the staff to issue a construction permit for Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.
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LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.
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Industry News
Eight Utilities Propose Energy Efficiency Investments to Reduce Carbon Emissions
LCG, September 28, 2007--Eight major electric utilities are proposing energy efficiency as a means to reduce future carbon (and other) emissions while serving customers. Duke, Con Edison, Edison International, Great Plains Energy, Pepco Holdings Inc., PNM Resources, Sierra Pacific Resources and Xcel Energy yesterday announced a proposal to increase their investment in energy efficiency by $500 million per year to $1.5 billion if they can achieve regulatory changes to encourage conservation.
Jim Rogers, chairman, president and chief executive officer of Duke Energy stated, "There has been a chronic underinvestment in energy efficiency in our country. We are determined to fix that, by creating the innovative regulatory frameworks that leverage technology to address climate change, reduce power demand and keep our customers' power bills as low as possible."
Collectively, the eight utilities serve almost 20 million customers in twenty-two states. Together, they plan to invest approximately $1 billion annually over the next 3 years and about $1.5 billion annually in years four through ten, with an expectation to reduce carbon dioxide emissions approximately 30 million tons annually in the latter years. The utilities propose to work collaboratively with policymakers and other stakeholders to overcome regulatory barriers that may discourage utility investment in energy efficiency today.
The eight utilities, along with the Edison Electric Institute, also plan to create a new organization, the Institute for Electric Efficiency (IEE), that will promote the sharing of information, ideas and experiences on effective means of delivering energy efficiency.
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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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