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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
ERCOT reviewed Frio County Transmission Project
June 18, 2020 - In November 2019, 7X Energy submitted the Frio County Transmission Project to the ERCOT Regional Planning Group (RPG) as an economic-driven project to address projected transmission congestion in the Frio County area. This is supported by an independent economic benefit study performed by LCG Consulting using its proprietary UPLAN model, the same economic planning model utilized by ERCOT, in accordance with ERCOT procedures. LCG’s analysis shows significant annual production cost benefit for the transmission upgrades in question.
In the independent review completed in May 2020, ERCOT identified transmission congestion on the 69-kV and 138-kV transmission system in Frio County, and a total of seven transmission upgrade options were evaluated. ERCOT concluded that the upgrades identified in Option 5 would provide the most cost-effective solution to the identified congestion while meeting the ERCOT economic planning criteria. Option 5 is estimated to cost $12.13 million and is described as follows:
- Rebuild the Moore – Big Foot 138-kV line such that the summer normal and emergency ratings are at least 485 MVA
- Reconductor the Moore – Hondo Creek 138-kV line such that the summer normal and emergency ratings are at least 382 MVA
The recommended option is classified as a Tier 2 project based on the ERCOT Protocol Section 3.11.4.3(2), and the project is expected to be in-service by Summer 2021.
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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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