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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
Eight Utilities Propose Energy Efficiency Investments to Reduce Carbon Emissions
LCG, September 28, 2007--Eight major electric utilities are proposing energy efficiency as a means to reduce future carbon (and other) emissions while serving customers. Duke, Con Edison, Edison International, Great Plains Energy, Pepco Holdings Inc., PNM Resources, Sierra Pacific Resources and Xcel Energy yesterday announced a proposal to increase their investment in energy efficiency by $500 million per year to $1.5 billion if they can achieve regulatory changes to encourage conservation.
Jim Rogers, chairman, president and chief executive officer of Duke Energy stated, "There has been a chronic underinvestment in energy efficiency in our country. We are determined to fix that, by creating the innovative regulatory frameworks that leverage technology to address climate change, reduce power demand and keep our customers' power bills as low as possible."
Collectively, the eight utilities serve almost 20 million customers in twenty-two states. Together, they plan to invest approximately $1 billion annually over the next 3 years and about $1.5 billion annually in years four through ten, with an expectation to reduce carbon dioxide emissions approximately 30 million tons annually in the latter years. The utilities propose to work collaboratively with policymakers and other stakeholders to overcome regulatory barriers that may discourage utility investment in energy efficiency today.
The eight utilities, along with the Edison Electric Institute, also plan to create a new organization, the Institute for Electric Efficiency (IEE), that will promote the sharing of information, ideas and experiences on effective means of delivering energy efficiency.
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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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