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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
Detroit Edison Asks Okay for $1.85 Billion in Bonds
LCG, July 6, 2000--Business customers of Detroit Edison Co. may be able to enjoy the same 5 percent reduction in electricity costs that householders began getting June 5 as a result of Michigans electric industry restructuring legislation, the company said yesterday.The utility has asked the Michigan Public Service Commission to approve issuance of $1.85 billion in securitized bonds to refinance existing debt. The lower cost of the new borrowing will provide resources to implement a 5 percent rate reduction for all business customers, Detroit Edison said.In addition, the proceeds from the securitization will allow the company to create a fund to benefit low-income and energy efficiency programs in the state.Through the issuance of these bonds and the refinancing impact, all of our customers can begin to see some of the hard fought benefits that can be derived from the recent restructuring legislation,said Anthony F. Earley Jr., Detroit Edison chairman and chief executive. The reductions allow business customers to be more competitive in their own businesses and ultimately contribute to a stronger Michigan economy.Under the restructuring legislation, the commission has 90 days to act on the companys securitization application. Earley hopes it acts fast. Given a timely response by the MPSC and the period of time necessary to complete the refinancing, business customers could see the rate reduction as early as year-end, he said.
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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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