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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
Puget Energy Asks to Recover Higher Power Costs
LCG, Aug. 22, 2001--Puget Sound Energy Co., the utility subsidiary of Puget Energy Corp., said yesterday it has asked regulators to approve a rate increase to recover the net power cost the company incurs in supplying electricity to customers.The proposal asks the Washington Utilities and Transportation Commission to approve an interim cost-recovery mechanism whereby customers' electric bills would be linked to the company's actual net power costs. This method matches the way Washington utilities currently pass through to customers thewholesale cost of natural gas, at no profit to the utility.The company said approval of its request would allow it to collect about $84 million for additional net power costs for this year. In a statement, Puget Sound Energy said "While numerous Northwest utilities have had to raise their electric rates steeply in recent months, PSE managed until now to insulate its customers from the increase in costs associated with hydroelectric generation being at record lows and the extremely volatile wholesale power markets.""The load-serving utilities in the Western states have all been infected by the power cost problemsinitiated by California's mishandling of their situation and misguided federal intervention in thewholesale markets," said Rick Hawley, vice president and chief financial officer. "We don't want to end up in the same predicament as California. Timely recovery of PSE's costs is critical to ensuring that we keep our customers' rates reasonable and fulfill our customer service obligations. We think it's better to take preventative measures now and cure the disease before long-lasting damage occurs," he added.
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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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