EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

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

X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

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.

Read more

Industry News

Computer Problems a Drag on Texas Dereg Pilot

LCG, Aug. 20, 2001--Computer problems that delayed the beginning of the Texas electricity customer choice pilot program for two months are still proving to be a drag on the test, the Electric Reliability Council of Texas said on Friday.

The program, under which 5 percent of the retail electric customers of Texas utilities are eligible to sign up, has attracted only 93,000 customers, and of those not more than 200 have actually been able to switch to new electric service providers.

The problem lies in the communications between state computers, the computer of the utilities and those of other market participants. ERCOT, one of 10 regional councils of the North American Electric Reliability Council and the independent system operator for Texas, is managing the test and said it will troubleshoot the communications problem.

It had better hurry. Full retail electric deregulation in Texas is supposed to begin on January 1. But the alternative power providers are getting antsy. Shell Energy, the retail electricity unit of the big oil company, said in a filing with the Public Utility Commission of Texas "Some of our customers still cannot even be identified, much less billed on a timely and accurate basis, or have their power scheduled correctly."

The Texas program is being closely watched because of problems that have beset California with its electric restructuring law, but officials in the Lone Star State are quick to point out that California's problems were caused by an insufficiency of power supply.

In California, the population grew by about 50 percent between 1980 and 2000, while its electric generation grew not at all. Through the 1990s and until early this year, the licensing authorities for new power plants were more concerned with preventing their being built for environmental reasons than they were for the need for power.

In Texas, 14 new power plants with a combined capacity of 5,134 megawatts have been commissioned over the past few years and another 13, with a total output of 4,024 megawatts will be completed by the end of this year.

Sam Jones, chief operating officer for ERCOT, said the agency is now working its way through its backlog at the rate of 330 requests to switch per day and will be able to boost that to 1,300 a day this week. The goal is to be switching customers at the rate of 21,000 a day by January 1, he said.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation 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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service