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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
NRC Chairman Talks of Nuke Renaissance
LCG, April 27, 2001Chairman Richard Meserve of the U.S. Nuclear Regulatory Commission told reporters yesterday that most, if not all, commercial nuclear energy companies plan to keep their plants running beyond their initial 40-year licenses.He added that he would not be surprised if some nuclear power plants abandoned for economic reasons in the 1980s were reconsidered for completion, even though the NRC licensing process would likely have to begin over for such facilities."Perhaps the most startling recent development is the growing industry interest in the construction of new nuclear plants," Meserve said, although he said he had heard of no specific plans for a new nuclear power plant.The NRC has already approved 20-year license extensions for five reactors belonging to two utilities, Meserve said, and has on file applications for license renewals for another 34 reactors."We now expect that between 85 percent and 100 percent of the existing nuclear plants will seek license renewal," Meserve said. "It is even possible that we may receive an application to conclude certain reactor projects that were suspended for economic reasons in the 1980s."Meserve, a Democrat appointed by President Clinton a year and a half ago, said he expected the current administration's energy task force, headed up by Vice President Dick Cheney, will endorse nuclear energy as an essential part of the nation's energy mix.As for the NRC, there has been talk of "streamlining" procedures to permit "fast track" approval of license extensions. The process will still take anywhere from two years to two and one-half years, Meserve said. "We have to be satisfied that if we allow an extension, there will not be a reduction in safety," he said. "If they don't meet the criteria, we're going to reject the application."
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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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