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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
Duke Affiliate Settles Charges of False Reporting
LCG, Sept. 17, 2003--Duke Energy Trading & Marketing, an affiliate of Duke Energy Corp., was issued an order by the Commodity Futures Trading Commission to pay $28 million, based on the agency's findings that the affiliate had knowingly reported false trading information to publishers of natural gas transactions, charges that the company neither admitted nor denied.The CFTC stated that price and volume information was falsified in cash-based transactions, some of which did not in fact take place. The regulatory agency also concluded that reporting by Duke Energy Trading & Marketing could have had an effect on prices of natural gas futures contracts traded on the New York Mercantile Exchange. The time during which the reporting was to have taken place is January 2000 through August 2002, through the Houston office.The $28 million consitutes a civil penalty, and is linked with a pledge by Duke of cooperation in further fact-finding by the CFTC.
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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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