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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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Press Release
2020 ERCOT Outlook published by LCG Consulting
LCG, April 23, 2020 – LCG Consulting (LCG) recently published a comprehensive hourly simulation of the ERCOT market for 2020 under “business as usual” condition. The Outlook outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
Since the preparation of this report, there have been many changes to gas demand, electricity usage, and general economic activities due to the state's response to COVID-19. As of March 2, energy consumption has decreased by 2 percent and the morning load has decreased by approximately 10 percent, according to ERCOT. A supplement to this “business as usual” report incorporating the near-term impact of the economic downturn will be published soon.
LCG performed the simulations using the sophisticated and long-standing electricity model, the UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid including minor and major transmission upgrades as well as generation additions and retirement.
For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.
For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com. You can download the the report directly.
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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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