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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
Consumers Energy Bonds, Gas Program Approved
LCG, Oct. 26, 2000--The parent holding company for Consumers Energy Co. said yesterday that the Michigan Public Service Commission has approved securitization of $469 million in stranded electric utility costs and authorized expansion of its natural gas customer choice program.A third commission order authorizes accounting changes the company says will mitigate future increases in the cost of natural gas."These orders on electric and natural gas utility issues represent the final major steps in electric and natural gas restructuring for Consumers Energy and remove the last significant regulatoryuncertainties affecting Consumers Energy's gas and electric utility businesses," said William T. McCormick Jr., chairman and chief executive of CMS Energy Corp.With the commission action, Consumers Energy will be able to go ahead with the bond issue that will allow it to offset the earnings impact of a 5 percent residential electric rate cut that went into effect last June as a requirement of the Michigan electric restructuring law. The bonds are expected to come to market before the end of this year.The company will also be able to expand its gas customer choice program beginning next April 1, when 600,000 customers will be eligible to participate, with the total increasing to 900,000 in a year. All 1.6 million Consumers Energy gas customers will be eligible to select an alternate natural gas supplier beginning April 1, 2003. The order re-establishes a gas cost recovery mechanism the company says will allow it to recover increased natural gas commodity costs when it has to go into the wholesale market to purchase gas for delivery to customers.The accounting change will allow Consumers Energy to average in the cost of low cost gas it has on hand with the cost of more expensive purchased gas.
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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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