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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
Former Enron Trader Arrested by FBI
LCG, June 4, 2003--A former manager of electricity trading at Enron Corp.'s Portland, Ore.-based Western trading desk was arrested while at work yesterday in Ohio, and charged with manipulating California's power market in 2000 and 2001.The trader, John Forney, who managed Enron's real-time trading desk in June 1999, before moving to Houston in late 2000, was arrested at his office by agents with the Federal Bureau of Investigation, then released on bond following an appearance in the U.S. District Court of Columbus. According to an investigation led by the U.S. Attorney's office in San Francisco, one of the strategies used by Enron to realize gain while grid operators sought to make power available to Californians, known previously as Death Star, was called Forney's Perpetual Loop among Enron employees. The strategy involved scheduling of power transmission where no transmission actually took place. Enron was able to qualify for payments to relieve grid congestion with no adjustment necessary in the operations it claimed were planned.Forney, 41, is the third former trader for Enron to have been charged in relation to the Western energy crisis. According to Assistant U.S. Attorney Matthew J. Jacobs, "John Forney was the architect of many of the fraudulent schemes." The trader, who was put on administrative leave by his current employer, American Electric Power Co., worked at Enron from 1993 to early 2002.
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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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