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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
FERC Asked to Ease Caps on Northwest Power Prices
LCG, Aug. 31, 2001--A power planning group formed by the governors of four states in the Pacific Northwest has asked the Federal Energy Regulatory Commission to relax their price caps on electricity because of concern that the controls could restrict power supplies this winter.The Northwest Power Planning Council says FERC's pricing formula, imposed in June on 11 states in the West, is based solely on the cost of producing power in California, which has little relevance for Washington, Oregon, Idaho and Montana.In California, peak demand occurs during the summer when air conditioners are fighting a hot climate and drops during the clement winters. The situation is just the opposite in the Northwest, where many homes are heated by electricity and the winters are cold.The council fears that FERC's pricing formula could keep prices artificially low in the Northwest and deter power producers from selling electricity into the regional market, just when it's needed most.The council recommended several changes to FERC's rule, including one that would base power prices on the cost of production, and voted 6-2 to file the petition with FERC.Another of the recommendations would require power producers in California to sell electricity into the four Northwestern states -- the reverse of Clinton administration rulings when the Department of Energy ordered Northwestern power producers to sell power to California during that state's energy emergencies last fall.Those sales resulted in power shortages in the Northwest and higher prices for consumers in the four states.
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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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