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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
Massachusetts Approves New Legislation Targeting the Development of 1,600 MW of Offshore Wind Power
LCG, August 11, 2016--The Governor of Massachusetts signed into law the Energy Diversity Act (H. 4568) that requires utilities to competitively solicit and contract for approximately 1,200 MW of clean energy generation - base load hydropower, onshore wind and solar supported by hydropower, standalone onshore wind, solar, or other Class I renewable resources. The new legislation includes the procurement of approximately 1,600 MW of offshore wind, and the schedule calls for "not later than June 30, 2017, every distribution company shall jointly and competitively solicit proposals for offshore wind energy generation; and, provided, that reasonable proposals have been received, shall enter into cost-effective long-term contracts."
The Governor said, "Massachusetts is always at the forefront of adopting innovative clean energy solutions, and this legislation will allow us to build on that legacy and embrace increased amounts of renewable energy, including hydropower. With our partners in the Legislature, the Commonwealth has taken another major step towards providing residents and businesses with a cost-effective and reliable clean energy future."
The newly approved legislation states that, "The distribution companies may conduct one or more competitive solicitations through a staggered procurement schedule developed by the distribution companies and the department of energy resources; provided, that the schedule shall ensure that the distribution companies enter into cost-effective long-term contracts for offshore wind energy generation equal to approximately 1,600 megawatts of aggregate nameplate capacity not later than June 30, 2027; and provided further, that individual solicitations shall seek proposals for no less than 400 megawatts of aggregate nameplate capacity of offshore wind energy generation resources."
Thus, with this legislation, the Commonwealth calls for the distribution companies to (i) solicit proposals for offshore wind energy generation within one year and (ii) enter into long-term contracts for offshore wind energy generation equal to approximately 1,600 MW of aggregate nameplate capacity by June 30, 2027.
The Chairman of the House Committee on Ways and Means stated, "By focusing on procurement this bill does the hard work of translating goals into a process that will make them a reality. The 2,800 MW of combined wind and hydro energy approved in the conference report will ensure that Massachusetts remains a national leader on clean energy and will help to secure a more reliable and sustainable future."
The new legislation also provides additional support for the Commonwealth's business community by establishing a commercial Property Assessed Clean Energy (PACE) program. The PACE program, facilitated by MassDevelopment and the Department of Energy Resources, will enable commercial and industrial property owners across the state to finance comprehensive energy efficiency and renewable energy upgrades that are repaid through a property tax assessment on their building.
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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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