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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
Texas Looks into Possibility of February Market Manipulation
LCG, March 11, 2003-Electricity regulatory staff with the Texas Public Utilities Commission (TPUC) are looking into allegations that generators intentionally caused electricity price spikes in February.The TPUC market-oversight board is in the process of looking at the state market in order to see whether or not Texas power plant owners and others bid power into the Texas real-time electricity market at unfairly high prices.The dates in question are February 24 and 25. They were brought into view by a monitoring unit set up to note unusual bidding behavior.Natural gas prices have increased, and these high fuel costs were expected to increase power prices since a significant proportion of Texas energy is generated by natural gas-fired facilities.The regional market operator issued an emergency appeal for February 25 because some generators did not have sufficient fuel. Real-time prices for electricity reached as high as $990 per megawatt-hour on February 24 and 25.The investigating unit will determine whether the bidding process was fair and is also interested in whether or not all available electricity supply was offered or if power was withheld intentionally to drive up the price.10 companies have been asked to yield records of their real-time bids over $300/MWh during the two-day period. These companies include Automated Power Exchange Inc., Austin Energy, City of Garland LCRA, Mirant Corp., TXU Corp., Dynegy Inc., FPL Group Inc., Calpine Corp., and the Exelon Corp.The investigation may take two weeks or more.
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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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