|
News
|
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
Read more
|
|
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.
Read more
|
|
|
Industry News
India Says AES Could Take Over Enron's Dabhol
LCG, June 28, 2001India's federal power minister said this morning that there would be no objection raised if U.S. electricity company AES Corp. were to take over the Dabhol Power Co. in Maharashtra state from American energy giant Enron Corp.Enron and lenders to the 2,184 megawatt Dabhol project have reached an impasse with the Indian federal government, Maharashtra state, the Maharashtra State Electricity Board and Maharashtra regulators over payment for power produced by Dabhol and sold under a six-year-old contract to the MSEB.The 740 megawatt fist phase of Dabhol began commercial operations last year and the MSEB has repeatedly defaulted on payments for power, forcing Enron to exercise state and federal guarantees. Maharashtra has escalated the confrontation by saying it now wants to renege on its obligation to accept power from the 1,444 megawatt second phase, which is nearing completion.Enron and its non-Indian lenders have authorized Dabhol to terminate its agreement with the MSEB and lay recovery of their investments before the International Court of Arbitration in London, a move that would further tarnish India's reputation as a safe haven for foreign investment.Federal Power Minister Suresh Prabhu said this morning "If both parties agree we have no problem. We will encourage any investment in the power sector, so AES is welcome."AES Corp.'s Indian subsidiary acknowledged it was interested in Dabhol but had neither made nor received a proposal. The company said in a statement that it "has a long-term view of the Indian power market and would consider getting involved with the Dabhol and other projects if an appropriate opportunity presents itself." AES, which has been involved in the Indian power sector for nearly a decade, said in its statement "The commitment and willingness of parties to a contract to honor their commitments is an important consideration for our investment decision in any project."Enron might point out that "commitment and willingness to honor contracts" is at the root of its problems with Maharashtra.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
