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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
FP&L Asks for 8.7 Percent Residential Rate Hike
LCG, Sept. 22, 2000In an effort to compensate for the soaring price of oil and an increase in natural gas prices, Florida Power & Light Co. has asked regulators for permission to increase the prices it charges customers for electricity.FP&L said it had file an application yesterday with the Florida Public Service Commission for a fuel cost adjustment rate increase that would boost residential rates by 8.7 percent for two years. The company said it spread the cost increase over two years to lessen the immediate impact on ratepayers, but it did not promise not to come back next year and ask for another increase if its fuel costs keep on rising.Each year, typically in September or October, Florida utilities adjust the fuel, environmental,purchased power and conservation components of the customer bill to true-up actual expenses for the past year and project expenses for the coming year. The adjustments, once reviewed and approved by the PSC, will appear on customer bills during the following calendar year. FP&L is asking that the increased costs be recovered over two years."Our plan includes spreading $518 million in unrecovered fuel expenses over a two-year period,rather than the typical one-year timeframe. This way, we are able to ease some of the impact of these extraordinary increases in fuel costs on our customers," said Paul Evanson, the utility's president.The 8.7 percent increase will cost the typical FP&L residential customers almost six and a half bucks a month, the company said. And it figures that's all it can get away with. In its announcement, the utility said "As a further effort to lessen the impact of clause adjustments on customer bills, FPL has asked the PSC to spread the cost of a $222.5 million buyout of purchased power contracts with two Palm Beach county power plants over five years and delay the start of recovery from customers until2002."
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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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