News
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
California Gov. Davis Tells Electric Woes to Greenspan
LCG, Dec. 27, 2000California Gov. Gray Davis met yesterday afternoon with Federal Reserve Chairman Alan Greenspan and Treasury Secretary Lawrence H. Summers, emerging wiser, perhaps, but no closer to a solution to his state's electricity crisis.Davis met for two hours with the federal officials seeking opinions on how to resolve the breakdown in California's power predicament which has pushed the state's two largest electric utilities to the point of bankruptcy and has populist activists calling for a bailout of consumers facing large rate increases.Davis declined reveal details of the meeting, telling reporters only that federal financial help was not discussed. "I didn't ask for that, nor, frankly, do I think that would be forthcoming," he said.Pacific Gas & Electric Co., which serves 4.5 million customers in a territory with a population of 13 million, and Southern California Edison Co., with 4.2 million customers in an area with a population of 11 million, have since early this year been paying more for the electricity sold to all those people than they have been paid.Between them, the two utilities have piled up more than $8 billion in those underpayments and are facing insolvency. A week ago, Standard & Poor's said it would slash the companies' credit ratings to junk level if state action were taken within 48 hours to see to it that they were paid. Moody's Investors Service followed suit.That got California regulators' attention. Such a move by the leading credit rating institutions would render it impossible for the two utilities to continue borrow money to subsidize their customers' power purchases. Lights would go out all over California.Davis took the warning so seriously his office on Friday warned health care facilities throughout the state that rolling blackouts would begin at 4:00 p.m. that day.The California Public Utilities Commission last Thursday admitted that retail electricity prices would have to rise and issued an interim order to that effect, saying it would hold hearings this week and decide January 4 how much of a price increase the utilities should be allowed.That action was sufficient to stay the hand of the executioner, and the credit raters allowed the state to enjoy the weekend bathed in incandescent light. They will likely make no decision as to the credit worthiness of PG&E and SoCal Edison until the PUC issues its rate decision next week.Davis is scheduled to meet today with President Clinton to discuss California's electricity problems, but he doesn't expect much more than sympathy from the White House. Davis said the problem was California's and the state would have to consume less electricity now and build more power plants to meet demand for the long term.
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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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