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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
Greenspan Sees No Quick End to High Natural Gas Prices
LCG, June 11, 2003--The chairman of the Federal Reserve, Alan Greenspan, testified before Congress yesterday on the rise of natural gas prices, and the lack of new supplies to counter the trend.A year ago, the typical price per million btu was around $3.50, but recently has been near $6. Much of the rise has apparently come from the drop in inventories brought on by an unexpectedly cold, longer winter and increased need for heating. Greenspan said that the cost of natural gas is cutting into corporate earnings and household spending on other goods, and could delay national economic recovery. Given the signals from the forward market for gas, Greenspan said that a price level of around $2 per million btu represents "a historical relic, at least for the time being."The chairman noted that drilling companies' discoveries are not producing the same increase in production that they had previously. He said that the U.S. should seriously consider significant expansion of liquid natural gas terminals to handle shipments from overseas, as even Canada, which supplies about 15 percent of national consumption, is not able to boost its exports to the degree that prices would be noticeably affected.
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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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