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News
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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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LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.
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Industry News
PNM Says Kansas Demands Could Scotch Western Resources Deal
LCG, July 27, 2001--Demands by the Kansas Corporation Commission for rate cuts could scotch plans by Public Service Co. of New Mexico to acquire two utilities from Western Resources Inc., the companies said yesterday.Last year, PNM agreed to pay $1.5 billion in an all-stock deal to purchase two regulated utility operations of Western Resources, Kansas Power & Light Co. and Kansas Gas & Electric Co. The two utilities serve more than 630,000 customers in the Sunflower State.Though Western Resources had asked Kansas regulators for a $150 million rate increase, the KCC voted instead to raise those rates by $22 million.Also, last Friday, the KCC found that Western Resources' plan to restructure by splitting off its regulated utility business from its unregulated businesses would harm its electric operations.David Wittig, chief executive of Western Resources, was hopeful. "We believe that we understand the KCC's concerns with the current transaction and are hopeful that we can reach agreement with PNM on alternative terms that will permit the transaction to move forward and provide the benefits that we believe the combination will bring to our customers and shareholders," he said.But Jeff Sterba, his counterpart at PNM was less so. "PNM doesn't believe that the split-off and other transactions envisioned in our merger agreement with Western Resources can be accomplished on the agreed terms if the KCC's orders remain in effect," he fretted.
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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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