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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
Judge Rejects CA Refund Claims
LCG, December 13, 2002-A federal judge ruled that power companies overcharged California electricity purchasers by $1.8 billion and ordered the state to pay its $1.2 billion in power bills.The Federal Energy Regulatory Commission's Administrative Law Judge Bruce Birchman found that energy companies who sold power to the state during the California energy crisis overpriced electricity by a total of $1.8 billion. However, because the state owes energy companies $3 billion, California has been ordered to pay the $1.2 billion still owed.The state, currently operating under quite a deficit, contends that it was overcharged by at least $9 billion. Earlier this year, some officials estimated that California was overcharged by over $20 billion.California Governor Gray Davis expressed outrage at the decision, asserting the Federal Energy Regulatory Commission (FERC) has unfairly supported energy companies and turned its back on the cash-strapped state. During the energy crisis, FERC adopted a hands-off policy with regard to California, only acting late in the crisis when a newly appointed FERC commissioner instated price caps.Public Utilities Commission President Loretta Lynch also voiced her indignation at the judge's decision, noting what she deemed FERC's repeated refusals to help the state.Energy company representatives noted their satisfaction with the decision, and shares for several companies went up immediately. Dynegy Inc., Williams Cos., Mirant, Reliant Resources, among others, have seen their shares increase in value since the decision.Earlier this year California energy purchasers managed to rewrite contracts for meager gains, but overall the state has made little headway in both the fight for refunds and the effort to find and prove a cause for the crisis.Several court cases are still in the works, in addition to fact-finding efforts by FERC and the Securities and Exchange Commission. Also, gas pipeline company El Paso Corporation has been accused of withholding gas supplies in order to raise gas rates. If the court finds that El Paso Corp. was involved with artificially inflating gas prices, some energy companies and the state may suddenly find themselves on the same side, since many of California's electricity generators are gas-powered.
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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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