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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
TXU Assesses Impact of UK Green Energy Regulations
LCG, Feb. 14, 2002--TXU Europe estimates that the first year of a UK plan to increase renewable generation as a percentage of overall electric power supplies will raise its costs by 20 million pounds ($28.56 million).The government issued a plan on Thursday that would require power sellers to obtain three percent of their sales from renewable sources. Ashley Turner, the company's sustainable energy portfolio manager, said that increased costs would be added to customer bills to some extent, but that efforts would be made to limit such increases. As to how much of the requirement TXU Europe will meet through its own generation assets, Turner said, "we are expecting to cover about 50 percent (of the obligation) so our buy-out cost would be roughly halved."TXU's renewable generation quota would amount to roughly 1.6 terawatt hours. The company would pay 42 million pounds ($60 million) in penalties if it sold no renewable power whatsoever. By 2011, the government's plan would require companies to supply 10.4 percent of sales from renewables.The company plans to aid green power developers in financing projects, but will not be a developer itself. It will utilize internal risk-management expertise to manage price risk from wind farm installations, which do not generate consistently at a given output level.
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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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