News
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.
Read more
|
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.
Read more
|
|
|
Industry News
Who Gets Hit with Enron Fallout
LCG, Nov. 30, 2001--For the past few days, energy companies and financial institutions have been cranking out press releases detailing their "exposure" to the stunning collapse of Enron Corp. Here is an incomplete list of who gets hurt and how much:- Aquila Inc. - less than $50 million.
- Allegheny Energy Inc. - less than $5 million.
- American Electric Power Co. - under $50 million.
- BP Plc - exposure "a couple of tens of million dollars," according to industrial observers.
- Barclays Bank - 400 million ($571 million U.S.) in the form of syndicated loans and derivatives.
- Bear Stearns Cos. Inc. - $69 million.
- Canadian Imperial Bank of Commerce - $215 million, more than half of it unsecured.
- Centrica Plc - 30 million ($42.8 million U.S.).
- Chubb Corp. - $220 million in maximum pre-tax exposure to surety bonds relating to Enron Corp.
- Citigroup Inc. - between $700 million to $800 million, about half unsecured.
- Credit Lyonnais - $250 million, about half unsecured.
- Commerzbank AG - "low double-digit million dollar amount".
- Deutsche Bank - maximum loss of tens of millions of dollars.
- Dominion Resources Inc. - past credit exposure of $11 million.
- Duke Energy Corp. - $100 million in non-secured exposure.
- Dynegy Inc. - $75 million.
- El Paso Corp. - net trading exposure about $50 million.
- Energen Corp. - about $14 million.
- Exelon Corp.- net exposure less than $10 million.
- ING (The Netherlands) - about $195 million.
- J.P. Morgan Chase & Co. - $900 million, including $400 million in secured loans.
- KeySpan Corp. - less than $4 million.
- Mirant - up to $60 million.
- NRG Energy Inc. - less than $10 million.
- Northern Border Partners LP - $9 million over next year.
- PPL Inc. - less than $10 million.
- Peoples Energy Corp. - approximately $8 million.
- RWE AG - 10-11 million euros ($9.77 million U.S.).
- Reliant Resources Inc. - approximately $80 million.
- Sempra Energy - less than $15 million.
- Seneca Resources Corp. - about $10.4 million.
- TotalFinaElf - $25 million.
- Williams Cos. - net exposure less than $100 million.
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|