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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
Enron-owned Dabhol Plant Will Not Resume Operations
LCG, September 3, 2002The Dabhol power project, located in the Indian state of Maharashtra, will not resume operations to supply the surrounding area because a electricity rate cannot be agreed upon. Officials in the electricity-starved western state had considered paying for power from the dormant plant, but plant owners found the offered price too low to make the plant financially viable. Bankrupt Enron Corporation owns 65 percent of the facility, GE and Bechtel Corp. own 10 percent each, and the Maharashtra State Electricity Board owns 15 percent. While 750 MW of the plant operated starting 1999, the 1444 MW second phase was never completed because the State Electricity Board did not stay current with payments by some $240 million. The plant, which has been shut down for more than a year, awaits a price agreement between the state and plant owners. Bechtel Corporation has offered to restart the plant, but the Industrial Development Bank, on behalf of Dabhol creditors, refused the offer. Civic groups and others have condemned the delay, and the Indian government wants to begin operations as soon as possible. Lenders will meet in Singapore later this week to discuss the plants future.
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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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