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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
EU Regulators Okay Montedison Takeover
LCG, Aug. 28, 2001--European Union regulators this morning tentatively approved the takeover of Italy's second-largest utility Montedison by Fiat and Electricit de France, but warned that they would reopen the case if EdF begins to exercise control."The takeover will not adversely affect competition in the Italian electricity market," the European Commission said in a statement. "Montedison will be controlled by Fiat and the latter has only a small activity in the electricity sector."But the EU is cautious about EdF's intentions. It is Europe's largest power company and owns 18 percent of Italenergia, the bidding vehicle being used by it, Fiat and a group of banks to acquire Montedison.The Italian government, more than cautious about EdF's intentions, passed legislation in May to limit the French company's voting rights to 2 percent. Eventually, Italenergia agreed to "voluntarily" accept the 2 percent limit on EdF's vote."At the moment it is no doubt that EdF does not have any control, any influence over Italenergia," said European Commission spokeswoman Amelia Torres. "Two percent would not give anyone control."EdF has earned the watchfulness of the Commission. The French national monopoly was a year late in opening up its own market to competition and then did so to the minimum allowable extent. It has also been aggressive is purchasing utilities in other European nations while denying entry to its own.The Commission is currently investigating complaints that France provides state aid to EdF, which gives it an unfair competitive advantage, which is against EU rules.
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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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