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News
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LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.
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LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.
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Industry News
NRC Issues Operating License for Watts Bar Unit 2 to TVA
LCG, October 26, 2015-The Nuclear Regulatory Commission (NRC) issued on October 22 a 40-year Operating License to the Tennessee Valley Authority (TVA) for the Watts Bar Unit 2 nuclear reactor, located approximately 50 miles northeast of Chattanooga, Tennessee. In August TVA submitted documentation to the NRC notifying them that construction of the Watts Bar Unit 2 nuclear reactor was substantially complete.
Watts Bar Unit 2 is the first reactor the NRC has authorized to operate since 1996, when the agency issued the license for Watts Bar Unit 1. With the issuance of the license by the NRC, there are now 100 commercial reactors licensed to operate in the U.S. and able to generate carbon-free electricity.
The original construction on Watts Bar 2 started over 40 years ago in 1972. However, when load growth forecasts dropped in 1988, the unit was deferred. When Watts Bar 1 began commercial operations in May 1996, it became the last commercial nuclear unit in the U.S. to come on-line. Construction on Unit 2 resumed in 2007. The capacity of Unit 1 and Unit 2 are 1,100 MW and 1,150 MW, respectively, and both units are pressurized-water reactors.
TVA's Chief Nuclear Officer stated, "Readying to load fuel in Unit 2 will require several more weeks of demanding work and ongoing NRC inspections and reviews. Only when the required activities are complete and our readiness verified will we load the initial fuel into Unit 2."
The fuel load will be followed by several months of Power Ascension Testing-an extension of pre-operation testing on those systems that require fuel in the core in order to be tested. TVA expects the plant to be declared a commercial reactor for full-scale operation by next June, ahead of the peak summer months.
The director of the NRC's Office of Nuclear Reactor Regulation stated, "After devoting more than 200,000 hours over eight years conducting extensive safety reviews and inspections, we're satisfied Unit 2 is safe to operate and we've issued TVA the operating license. We already monitor Unit 1's performance through our Reactor Oversight Process, which is used at all reactor sites throughout the country, and we're adding Unit 2 to that system. Staff from our Region II office in Atlanta will ensure TVA meets its requirements as it loads fuel into Unit 2 and runs tests before the unit starts generating electricity."
The NRC noted that Watts Bar is the first site to comply with the agency's Fukushima-related Orders on Mitigation Strategies and Spent Fuel Pool Instrumentation. The NRC has two Resident Inspectors at Watts Bar for day-to-day oversight of site activities, and an additional Resident Inspector for continued oversight of start-up activities at Unit 2.
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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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