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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
FERC Issues Challenge Regarding Power Market Behavior
LCG, June 25, 2003--The commissioners of the Federal Energy Regulatory Commission today issued rulings barring bankrupt Enron Corp. from trading in energy markets, and ordered 60 power companies and utilities to provide justification for profits realized from the Western energy markets during the period Jan. 1, 2000 through June 20, 2001.Enron will not be allowed to trade in electricity or natural gas markets apart from unwinding its current positions, for as long as it is involved in bankruptcy proceedings. The penalty was based on findings that Enron subsidiaries and five additional companies had manipulated the price of natural gas at the Henry Hub, partly through EnronOnline, the Internet-based trading system. Enron was found to have earned $3.2 million because of the manipulation. Units of the company will be allowed to re-apply for permission to trade, post-bankruptcy.A report by FERC staff released in March recommended that a "show cause" order be directed at companies that staff determined had made profits that may have resulted from illegal actions, and should have to justify the basis for their market behavior. While that report named 37 parties, today's order included 60. Proceedings will take place before an administrative law judge to determine what if any penalties should be assessed on companies that are found to have broken trading rules in the California market.Commissioner William Massey stated, "I think this order is a major step toward addressing the manipulation that contributed to the extraordinary Western power crisis." Massey stated that he did not believe forcing companies named in the order to disgorge profits to the extent they are found to be unjust would ignore inflated profits earned by other companies that did not engage in improper behavior, and therefore would not make the market whole.
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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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