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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
Saudi Arabia May Reopen Gas Resources
LCG, June 25, 2002-Meetings with Royal Dutch/Shell and Exxon Mobil representatives and Crown Prince Abdullah point to new agreements in natural gas development.According to the New York Times, Saudi Arabian Ministers will determine certain parts of the potential $25 billion, 20-year agreement within the next two weeks.The companies and Saudi Arabian government began negotiations a year ago, but sdisagreements over shared revenue and plans to run water, power, and desalinization plants kept anything concrete from emerging.The situation may been further complicated by the Saudi Arabian public's relationship to the United States, although Saudi officials reject assertions that the delay has anything to do with U.S. Middle East policy.One major point of discrepancy is in the percent of revenue from downstream projects. The companies want 15 to 20 percent, which is usual when a risk is taken in gas exploration, but the Saudis contend that, since the utility projects do not involve such risk, the revenue should be closer to 8 or 9 percent. If the agreement ends up with a 10 to 12 percent revenue, the Saudis may allow bidding.The two projects included, lead by Exxon Mobil, are a $15 billion South Ghawar project with Shell, BP, and Phillips, and a $5 billion Red Sea Coat project involving Occidental and Marathon.
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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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