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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
California Governor Seizes SoCal Edison Power Contracts
LCG, Feb. 5, 2001California Gov. Gray Davis moved quickly late Friday to seize control of Southern California Edison Co. low-cost "block forward" power contracts after a state court judge ruled that the California Power Exchange could liquidate the contracts to pay $215 million owed by the utility to independent power producers.SoCal Edison had pledged the contracts, which give the holder rights to purchase electricity at prices far below the so-called "spot" market, as collateral against funds owned to the owners of power plants in Southern California.In a statement issued by the governor's office, Davis said "I am using my emergency powers to seize options to buy very inexpensive power that would otherwise be lost forever. These options will provide reliable power through the end of the year. It is important to protect these contracts for the people of California."SoCal Edison lost its attempt in court to retain control of the contracts on Friday and Pacific Gas & Electric Co. is expected to experience a similar fate in its case in a San Francisco Superior Court. The Power Exchange is currently prohibited from liquidating the PG&E contracts by a restraining order that expires today.The power producers, who purchased generating facilities divested by the state's utilities as part of its electric restructuring scheme, are increasingly worried that they will be unable to collect the billions of dollars owed them by SoCal Edison and PG&E.
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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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