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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
AREVA Pursues Clean Energy Park Project in New Brunswick
LCG, July 9, 2010--AREVA signed a letter of intent yesterday with the Province of New Brunswick and New Brunswick Power (NB Power) to develop a Clean Energy Park project near the Point Lepreau nuclear station. The project may include AREVA's nuclear and renewable technologies.
The letter of intent (LOI) provides for NB Power, the provincial government and AREVA to work "intensively" to complete an agreement by the end of this year.
AREVA will evaluate the feasibility of constructing a mid-sized, light water, generation III+ nuclear plant. Given a positive outcome, AREVA would manage the design, construction and financing of the reactor, while NB Power would support the licensing process and operate the facility.
The LOI indicates that the Clean Energy Park project would potentially incorporate renewable power generation, such as biomass, offshore wind, and concentrated solar power (CSP) facilities.
The existing Point Lepreau station commenced operations in February 1983 and consists of one CANDU-6 nuclear unit, with a net capacity of 635 MW. The site was initially approved to be home to two reactors. NB Power began refurbishing the facility in April 2008, and the project is behind schedule. The refurbishment is expected to extend the station's life to 2032.
In April, AREVA announced an agreement with the Fresno Nuclear Energy Group (FNEG) to develop a similar Clean Energy Park, including a nominal 1,600 MW U.S. EPR™ reactor, in California. In June of last year, AREVA and Duke announced that they were exploring the development of a Clean Energy Park in Ohio.
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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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