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News
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LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028
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LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.
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Industry News
Duke, Williams to Buy Rival Pipeline Project
LCG, Nov. 20, 2000--Subsidiaries of Duke energy Corp. and The Williams Cos. said Friday that planned to purchase the Gulfstream Natural Gas System project from The Coastal Corp. and would scrap plans of their own for the Buccaneer pipeline project.The two projects are almost identical, bringing natural gas from Alabama, about 750 miles across the Gulf of Mexico, to the Tampa, Fla. area. Gulfstream is about a year ahead of Buccaneer in development and has lined up 10 customers to serve when it becomes operational in 2002.The sale by Coastal is a requirement of the company's merger with El Paso Energy Corp., set by the Federal Trade Commission. David A. Arledge, chairman and chief executive of Coastal called the sale a "significant step forward" in completing the merger."Until the merger is complete, Coastal will continue to develop and market Gulfstream, will ensurethat the project moves forward as scheduled and will remain fully committed to its many stakeholders in Florida," Arledge said.Cuba Wadlington Jr., president and chief executive of Williams' gas pipeline group, said "We have recognized for some time that the market will support only one new pipeline into the State of Florida. The market will now be able to clearly see a single, viable competing pipeline into the state."Florida observers agreed. "The conventional thinking from most of the experts was that only one of the pipelines would be approved," said Mark Ferrulo, director of the public interest advocacy organization, the Florida Public Interest Research Group. "The market wouldn't have supported both of the projects."
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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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