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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
FERC Money-Pool Conference Planned
LCG, Sep. 9, 2002--In keeping with a plan by the Federal Energy Regulatory Commission to set tighter controls on the cash flow between regulated and unregulated affiliates, the agency will hold a conference in two weeks with utility and other company input.Some utilities are wary of such rules, as requiring an affiliate that borrows from a "money pool" managed by one part of a larger corporate entity to be rated investment-grade by a rating agency would not be immediately possible in many cases. Many affiliates currently do not receive any rating, as they do not raise their own financing. The Securities and Exchange Commission receives reports on a quarterly basis that detail transactions within a money pool, including the terms of any loans.According to a pipeline industry group, a rating would require payments to a rating agency of at least $100,000 for the audit costs.
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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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