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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
New Jersey Utilities Apply for Rate Increases
LCG, September 17, 2002--Utilities in New Jersey which have been required to keep charges to customers under rate caps, want to recover costs they have incurred in supplying power.The state's Board of Public Utilities has required audits of $1 billion in expenses at four utilities, including Conectiv, Jersey Central Power & Light, Public Service Electric and Gas, and Orange and Rockland Utilities. The audits are being conducted by Mitchell & Titus LLP, and Larkin & Associates.New Jersey's electricity market has been in a transitional mode, which is scheduled to end Aug. 1, 2003. Since retail rate caps were in effect while the utilities had to pay higher prices for gas last year, utilities were allowed to securitize unreimbursed expenses two weeks ago under a new law. In effect, bonds can be issued which will effectively speed the recovery of costs.Retail caps in the state were not simply set based on the historical rates, but were mandated to be lower. The current audits may lead to retail rates returning to their historical levels, if not going higher.
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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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