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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
Huaneng to Acquire Shandong for $697 Million
LCG, July 19,2000--Huaneng Power International Inc. and Shandong Huaneng Power Development Co. Ltd. announced jointly yesterday an agreement under which Huaneng will acquire Shandong for 1.34 renminbi per share. In the U.S., American Depositary Receipts representing 50 shares will be paid for at $8.0922.The cash deal values Shandong at $697 million, and represents a premium of 72.6 percent over the closing price for Shandong ADRs on July 17. Li Xiaopeng, chairman of Huaneng, said that with the acquisition his company "will furtherconsolidate its position as the largest independent power producer in Asia, with 10,813.5 megawatts of installed capacity and approximately 5,520 megawatts under construction and development."He pointed out the geographical advantages of the deal, saying "The addition of Shandong's power plants further strengthens Huaneng's portfolio of strategically located assets, allowing us to provide more extensive coverage to China's coastal regions, including Liaoning, Hebei, Shandong, Jiangsu, Fujian and Guangdong provinces, and Shanghai municipality. These regions remain to be the most important and dynamic in the country in terms of economic development." Yu Xinyang, Shandongs chairman, said "This merger is beneficial to Shandong's shareholders. It allows Shandong's domestic shareholders to cash in their investments. The merger consideration, which is at a premium over Shandong's ADR trading price, will also benefit Shandong's foreign shareholders."The merger is subject to, among other things, the approvals of the respective shareholders of Huaneng and Shandong and the relevant regulatory bodies in China, as well as compliance with the procedures and filing requirements of the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Ltd.The companies said they expect to complete the transaction by the end of the year.
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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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