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.
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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
Allegheny Stock Plummets after Company Defaults
LCG, October 8, 2002-Energy company Allegheny saw its stock price drop by over fifty percent after it neglected to give an additional $60 million in collateral.When Moody's Investors Service withdrew the company's investment-grade credit rating, banks demanded that Allegheny post supplementary collateral to trading counterparties. Allegheny may possibly offer up assets as collateral, although this practice may be legally questionable because of state regulatory agencies' policies, and banks may find energy assets unworthy because of the current state of the electricity market.The company has not referred to specific figures but maintains that it has sufficient funds to operate. Allegheny is currently discussing the possibility of waivers and additional funding with its creditors in order to avoid seeking bankruptcy protection. Some energy traders have bought back electricity that was sold to Allegheny in order to resell it to more credit-worthy buyers.Shares hit a 52-week low of $3.25 and are trading at $4.15 on volume of 10.9 million shares, as compared with a daily average volume of 2.4 million and a 200-day stock price average of $30.19.Meanwhile, the company has been pursued by those interested in a takeover; Virginia-based Dominion Resources presented two takeover offers this year, the latest being $22 to $24 per share in an all-stock agreement, but Allegheny refused. Constellation Energy Group has also expressed interest in a takeover.
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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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