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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
State Commission Only Authorizes One New Coal-fired Unit at Duke's Cliffside Station
LCG, March 1, 2007--The North Carolina Utilities Commission yesterday issued a summary "Notice of Decision" to approve a Certificate of Public Convenience and Necessity (CPCN) for Duke Energy Carolinas to build only one of the two proposed 800-MW, coal-fired electric generating units at the Cliffside Steam Station in North Carolina. Prior to the decision, the plan called for the first unit to commence operations in 2011.
The Commission's approval is conditioned upon Duke retiring four aging, 100-MW units at the station when the new, 800-MW unit commences operations. The Commission noted that Duke did not demonstrate the need for both units. Duke will also be required by the Commission to invest one percent of its annual retail electric revenues into energy efficiency programs if the new unit is built. The Commission is expected to issue a detailed order shortly.
Duke stated that it now plans further review of the project prior to proceeding with installing just one unit. One particular concern is that the project economics may suffer, as the cost estimates presumed that two units would be built and that certain economies of scale would be gained.
Duke originally filed its CPCN with the Commission in May 2005, with the project cost estimated to be $2 billion. In October 2006, Duke filed a revised, $3 billion estimate with the Commission on a confidential basis. In November 2006, the $3 billion cost estimate was released in response to pressure from opponents that were aware of Duke's filing a confidential cost update with the Commission. The cost increase was driven by new, firm price quotes for major components of the planned facility.
As a result of dramatic increase in the estimated project cost, the recent hearing was scheduled to address the accuracy of project cost estimate and whether the proposed project is the most economically feasible alternative. Prior to the fifty percent increase in the estimated cost, the Commission had planned to rule on the CPCN by the end of 2006.
Additional regulatory hurdles remain prior to constructing a single coal unit. The North Carolina Division of Air Quality must grant an air quality permit, and the air permit must be approved by the federal Environmental Protection Agency (EPA).
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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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