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News
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LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028
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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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Industry News
Montana Power in 5-year Power Deal with PPL
LCG, Oct. 17, 2001--Montana Power Co. and PPL Montana said separately yesterday they have reached a five-year deal with under which it will Montana Power receive 450 megawattsof electricity, beginning July 1 of next year.Two-thirds of the amount will be baseload power while the remaining 150 megawatts will provide supply during periods of peak demand. The average wholesale price for the entire 450 megawatts is about $32 per megawatt-hour."Our objective was to obtain, on behalf of our customers, the best-priced electricity available on the market today. The bid process achieved the results we were hoping for," said Jack Haffey, president and chief operating officer of Montana Power's utility division. "Our customers are assured of safe and reliable electricity supply at very competitive prices."PPL Montana, a subsidiary of Allentown, Pa.-based PPL Corp., was formed when PPL purchased the 154 megawatt J. E. Corette coal-fired power plant and Montana Power's 529 megawatt share in the Colstrip coal-burner from the utility. Altogether, PPL Montana owns about 1,150 megawatts of capacity in the state.In its news release, PPL said the deal with Montana Power means it will have about two-thirds of the output of its Montana power plants under long-term contracts by next July.
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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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