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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
Outlook Questionable for LG&E's Participation in the Midwest ISO
LCG, December 29, 2004--Earlier this month LG&E Energy LLC notified the Midwest ISO (MISO) that its Louisville Gas and Electric Company and Kentucky Utilities subsidiaries plan to withdraw from the regional transmission organization (RTO). LG&E Energy conducted a cost-benefit analysis and estimates that its utilities would save over $65 million over the next five years by leaving the MISO, even after incorporating an exit fee of $23.8 million.The Kentucky Public Service Commission (PSC) began an investigation earlier this year into the utilities joining the MISO, and a hearing is scheduled to begin after February 1, 2005. The costs to LG&E utilities for participating in the MISO, estimated to be $7 million for retail customers, can not be added to utility bills prior to PSC approval.Estimating the costs and benefits related to establishing and operating regional transmission organizations is an on-going concern. In neighboring Virginia, state legislation required utilities, such as Virginia Power, to join an RTO, thus making cost-benefit analyses somewhat a moot issue. To support the development of RTOs, the Federal Energy Regulatory Commission (FERC) released a study in October designed to estimate the cost of developing a "Day One RTO" that meets the minimum requirements of the FERC's Order 2000. Given the unique nature of each of the limited number of existing RTOs, the FERC's review of actual cost data showed considerable cost differences between RTOs.The MISO has been conducting training and testing for its new market structure, which includes locational marginal pricing (LMP), and the market is planned to open on March 1, 2005.
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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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