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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
East Timor and Australia Discuss "Land" Rights over Timor Sea
LCG, May 7, 2002--East Timorese and Australians will attempt to come to some agreement over development of resources in the Timor Sea. Petro Timor insists that in 1974 Portugal granted it concessions to develop oil and gas resources in the Timor Sea. After Indonesia invaded East Timor the following year, rights were awarded to other companies. In 1999, East Timor separated from Indonesia and has been since renegotiating with Australia regarding resources. One particular issue to be discussed is the Sunrise-Troubador gas field, of which 20 percent is in areas shared by the two nations. Woodside Petroleum Ltd. Osaka Gas, Phillips Petroleum, and Royal Butch/Shell Group are currently involved in a joint venture to develop Sunrise. Australian Foreign Minister Alexander Downer says arrangements between the companies and East Timor have repercussions for Australia since Phillips is seeking Australian tax concessions to offset royalties to East Timor. However, he is optimistic that all parties will come to an acceptable resolution.According to Downer, is is hoped that an agreement will be reached by May 20, when East Timor is due to become fully independent from U.N. administration.
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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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