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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
PG&E Asks California High Court to OverturnCPUC Decision on Funding for Water Agency
LCG, Sept. 11, 2001--Pacific Gas & Electric Co. has asked the California Supreme Court to overturn the California Public Utilities Commission's March 27, 2001 decision requiring the utility to pay the Department of Water Resources 9.471 cents per kWh on an interim basis prior to the implementation of DWR's revenue requirement.PG&E had asked the CPUC for a rehearing of its decision on April 30 and the regulators denied the request on August 8.In its Court filing the company argued, "In order to ensure that the recovery of DWR's power costs is fair and equitable to both electricity consumers and the state's electric utilities, (the law) establishes two mechanisms, and two mechanisms only, for DWR to obtain funds from consumers and the utilities to pay for its power purchases."The first of the two must take into account the portion of the utilities' existing rates needed to cover their own costs of service, PG&E said, and the second is the DWR's "revenue requirement," which must be submitted to the CPUC and which is recoverable in customers' bills only if it has been determined to be 'just and reasonable' under the Public Utilities Code.The company thinks being required to pay $94.71 per megawatt-hour when the market currently prices power closer to $35 per megawatt-hour is neither just nor reasonable.In its filing, PG&E said "The CPUC has exceeded the scope of its authority, failed to proceed in the manner prescribed by (the law), and abused its discretion, and therefore this Court should grant review of and annul the DWR Decisions."
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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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