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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
PG&E: Bankruptcy Isn't Cheap
LCG, Aug. 6, 2001--Pacific Gas & Electric Co., which filed for Chapter 11 bankruptcy protection on April 6, and its parent holding company, PG&E Corp., had by the end of June spent $9 million on lawyers and other expenses connected with the bankruptcy, the Los Angeles Times reported Friday.That is only one one-thousandth of the $9 billion in debt PG&E ran up paying high prices for wholesale electricity that the utility was required to resell to its customers at low retail rates mandated by California's failed electric deregulation scheme.But bankruptcy experts have estimated that the total bill for armies of lawyers, accountants, investment bankers and others advising the utility, its parent company and the utility's creditors during the course of the bankruptcy proceeding could approach a half-billion dollars.The Times noted that for the six months ended June 30, PG&E Corp. and its utility spent $25 million after taxes on professional fees and expenses related to the bankruptcy. The $16 million spent in the first quarter reflects the enormous task of preparing for the third-largest bankruptcy filing in U.S. history, the paper said.PG&E must file a plan of reorganization showing how it will pay off its debts by December 6. PG&E Corp. and its unregulated subsidiaries are not included in the bankruptcy case.
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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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