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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
COVID-19 Simulation Results for ERCOT 2020 - a Comparison to Business as Usual Case
LCG, April 23, 2020 -- The COVID-19 pandemic is having a profound impact on daily life and the economy, from affecting which businesses are allowed to operate, to influencing international oil prices. States and major cities in the US are instituting quarantines, along with shelter-in-place directives, to contain the spread of COVID-19. Power markets will likely deviate from their business-as-usual scenario as a result of decline in power demand and fuel prices.
Both the business as usual (bau) and the COVID-case were simulated using UPLAN Net-Work Power model, and the main results are published in this report .The readers 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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