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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
Virginia Unsure about Utility Generation Spin-off
LCG, Oct. 29, 2001--Nine days of hearings pitting the staff of the Virginia State Corporation Commission against officials of Dominion Resources Inc. ended Friday and now it is up to three Commission judges to decide how Dominion subsidiary Virginia Electric & Power Co. will reorganize itself to prepare for competition, which is coming to the state's electricity markets beginning January 1.At issue is whether Dominion should be allowed to set up a separate company and place Virginia power's generating assets in that new firm, or be required to keep the power plants within a division of Virginia Power, where regulators can continue to exert control over them.Critics of Dominion's plan say regulatory oversight is needed in case something goes wrong with the state's electric restructuring program, as happened in California.Virginia Power says that transferring ownership of the plants, valued at $6.8 billion, to a legally separate subsidiary is necessary for the success of electricity competition in Virginia and for Dominion's success as a competitive supplier.The Commission staff, backed by the Virginia attorney general's office, residential and industrial consumer groups and some of Dominion's potential competitors, argue that keeping plants in a separate Virginia Power division would best serve the public interest.The 1999 Virginia electric deregulation law requires that utilities "unbundle" their operations into distinct generation, transmission and distribution operations. Generation, the only one of the three that is actually being deregulated, would have to belong to a separate entity.Though the law says the separation scheme must be in place by January 1, it won't be. Because Virginia Power also serves customers in North Carolina, utility regulators in that state must also agree to its reorganization plan. The utility now says it won't be ready to reorganize the company until next September and possibly not until 2003.Even though the hearings have ended, the arguments will continue. The Commission judges have asked Virginia Power and other parties in the reorganization case to file briefs with them by the end of next week. Similar hearings begin today on the reorganization plan proposed by American Electric Power Co. Inc., Virginia's second-largest electric utility.Whether these reorganization plans are approved or not, competition for retail electricity customers will begin in Virginia on this coming New Year's Day.
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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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