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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
Regulator Sees ‘Collusion’ in Power Price Spikes
LCG, July 19, 2000--California Public Utility Commissioner Carl Wood said yesterday that the state regulators at their August 3 meeting may launch an investigation into possible illegal collusion and profiteering in the wholesale electricity market."There is outrageous profiteering that is going on at the present time," Wood told a San Diego news conference. "There are hints that collusion, possibly even illegal collusion, may have been involved in this price run-up, and one of the things that has been urged on us ... is that our commission hold investigatory hearings in order to get at the bottom of what is actually driving this price run-up."The high price of wholesale power is big news in San Diego these days because residential customers of the local utility, San Diego Gas & Electric Co., have seen their monthly bills double since May.Under Californias electric restructuring law, enacted in 1996, all residential and small commercial customers received a 10 percent rate cut that went into effect on January 1, 1998. Rates were then frozen for four years or until a utility paid off its stranded costs, whichever came first. SDG&E paid off its stranded costs fast and can now pass wholesale power price increases through to consumers.Wood is one of two appointees made by Californias new Democrat Governor Gray Davis to the five-member commission. He is a former maintenance electrician at the San Onofre nuclear power plant owned by Southern California Edison Co. and was a top official of the Utility Workers Union of America.Wood is not happy with deregulation of the electric industry, calling it a "mistake." He wants the regulatory commission to step in and reassert control. "The mistake has now turned into a crisis. We have to make sure that this crisis doesn't turn into a disaster," he said.Art Larson, a spokesman for SDG&E, was also at the news conference and gamely told reporters "We believe theres a market-based solution out there." The company has proposed offering customers a fixed-price plan, which would solve the problem of high monthly bills by averaging payments over a year.SDG&E customers in San Diego County and part of Orange County have seen a typical householders bill for electricity zoom from $50 in May to about $100, and all 1.1 million of the utilitys customers are upset. They have yet to look at the other side of the coin.Because SDG&E has paid off its stranded costs, the transition charge on the electric bill is being dropped. About $100 million will be returned to customers. Another $390 million will be returned to residential and small commercial customers as the company shares with them the profit it made on the sale of its generating assets.Altogether, SDG&E customers will receive an average of about $300 in the next month or two -- about six times the increase they are complaining about.
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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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