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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
Dynegy Covers Backside in Enron Deal
LCG, Nov. 13, 2001--Shares in Dynegy Inc. continued their strength this morning as the company revealed the extent of the financial protection it has secured as part of a $10 billion rescue bid for Enron Corp., the Financial Times reported.Chuck Watson, chairman of Dynegy, said: "We are absolutely adequately protected, but I am confident we will not need it." The ultimate protection is, the company has the right to abandon the deal if Enron's earnings are revised down by more than 10 to 15 percent.Under a number of material adverse change clauses, Dynegy has also negotiated a range of other conditions relating to balance sheet impairment, off-balance-sheet exposure, credit rating downgrades and the outcome of a Securities and Exchange Commission investigation, the paper said.Dynegy could walk away if Enron's legal liabilities topped $3.5 billion, and the smaller company has also taken into consideration that "off-balance-sheet liabilities" bring total debt to $20 billion, including $15 billion of on-balance-sheet debt and preferred stock.Dynegy has also estimated that the international assets need to be written down by $5 billion and the broadband assets by $500 million to $600 million, according to people close to the negotiations. In addition, accounting for the takeover as a purchase makes it far easier for Dynegy to do the write-downs.According to the Financial Times, the most important part of the cushion is price. "The biggest protection is, we bought Enron for $10 billion -- or $8 billion or $9 billion. Who's counting?" Watson said. "That is a major protection."The paper said that more than half of Enron's 20,000 staff could be cut as the once-mighty company completes key asset sales of the businesses -- outside core energy trading and marketing -- that have used up cash in return for low-quality earnings.
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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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