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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
Plains Power Prices Higher Due to Drought
LCG, Feb. 10, 2003--Drought conditions described by the U.S. National Weather Service as "abnormally dry" to "extreme" have lowered hydro power supplies in the Plains states of the U.S. and in Canada, leading to wholesale prices twice as high as they were last year.Manitoba Hydro, which supplies U.S. utilities and wholesalers, has had to buy power from thermal power plants using natural gas and other fossil fuels at the same time that its export revenues have dropped by 16 percent. The company's annual earnings are estimated at C$70 million to C$107 million ($46 to $70 million US) by the time its fiscal year ends in March. Last year, its earnings were C$214 ($140 US) million.The Western Area Power Administration, the U.S. agency that supplies a variety of small customers, including irrigation districts and Indian tribes, has been impacted as well, as snowpack in Montana is 42 percent below normal, while reservoir levels remain below average. The low snowpack means that the Missouri River system's flow through Nebraska, to Iowa and Saskatchewan and Manitoba is reduced. The agency's purchases have been at wholesale prices much higher than normal. They have been seen at $60/MWh recently, compared with $21/MWh last year.
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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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