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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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Industry News
Cal-ISO Calls 'Stage 2' Power Emergency for Third Day
LCG, Nov. 16, 2000--The California Independent System Operator yesterday declared a "Stage 2" power emergency, forcing the state's utilities to shed load for the third straight day. The ISO said it would need customers with interruptible service contracts to reduce demand by 1,400 megawatts late yesterday afternoon.All summer, Cal-ISO scrambled to find 44,000 megawatts of power and this week it is having trouble coming up with 33,000 megawatts because about 12,000 megawatts worth of power plants are shut down for maintenance and repair after running non-stop for several months.The problem was exacerbated by a cold snap early this week that boosted demand by customers who use electricity for heat. The cold weather also affected the Pacific Northwest, reducing the amount of power that was available for import to California.In addition, at this time of the year the streams of the Sierra Nevadas are nearly dry, reducing the amount of hydroelectric power available in the state.
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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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