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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
California Market Design Proposal Approved by ISO
LCG, June 27, 2003--The Board of Governors of the California Independent System Operator today announced its approval of a revised set of rules for the market overseen by the grid operator.The revised version of the MD02 plan reflects input by stakeholders, who commented on the Revised Comprehensive Market Design Proposal in May, as well as on the first version of MD02. "The concepts in this comprehensive design represent significant steps the ISO can take to protect California consumers from Enron-styel games and other predatory tactics that contributed to the energy crisis of 2000 and 2001," said Michael Kahn, the chairman of the Board of Governors.Notable changes as compared with the previous versions include a "cost aggregation" feature of Locational Marginal Pricing, handling of Existing Transmission Contracts, and payments for Residual Unit Commitment (to units for start-up and operating costs when they are not already available). Additionally, a requirement concerning Available Capacity has been dropped. An alternative method of encouraging future supply expansion will be investigated.
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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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