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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
Greenspan Says Free Markets the Best Energy Policy
LCG, Nov. 14, 2001--Federal Reserve Chairman Alan Greenspan said yesterday that allowing operation of free markets to determine prices, allocate resources and foster development of energy sources would be the best energy policy for the United States.Greenspan said he believed all current forms of energy, including oil, natural gas, coal and nuclear power, would play major roles in supplying the country's energy needs in coming years, according to the Associated Press.The Fed chief said it is crucial that political and bureaucratic intervention in energy markets be kept to a minimum so that the correct pricing signals would be sent."We must remember that the same price signals that are so critical for balancing energy supply and demand in the short run also signal profit opportunities for long-term supply expansion," Greenspan told an audience at Rice University. "Moreover, they stimulate the research and development that will unlock new approaches to energy production and use that we can now only scarcely envision."It was the second time this year that Greenspan has devoted a major speech to energy. In both talks, he encouraged development of all sources of energy and increased efforts to promote conservation and renewable energy supplies such as solar power, AP said.Yesterday, Greenspan said that market forces had dealt effectively with the sharp jump in natural gas prices, home heating oil and gasoline that occurred last winter, and with electric power shortages in California.He also spoke favorably about the potential for nuclear power, but stressed the importance of addressing "concerns of making plants safe from terrorist attacks" and finding acceptable ways to dispose of spent nuclear fuel from the power plants.(The accumulation of spent fuel at two Minnesota nuclear power plants has forced their owner, Xcel Energy Inc., to look for sources of replacement power in case the plants have to be shut down. That story is reported on elsewhere in today's EnergyOnline Daily News.)Greenspan did not comment on the future course of the U.S. economy other than to say that "developments in energy markets will remain central in determining the long-run health of our nation's economy."
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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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