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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
Federal Court Says SCE Plan Unlawful
LCG, September 24, 2002-Yesterday, a federal court found that an agreement between the CPUC and Southern California Edison (SCE) violated state law.The California Public Utilities Commission and SCE have been working together since the California energy crisis in order to prevent the utility from falling into bankruptcy. Last year the two came to a settlement, which was approved in October by a federal district judge. The utility was given permission to use $3.3 billion in overcollections to offset its debts.The U.S. Court of Appeals for the Ninth Circuit ruled on Monday that the agreement between the regulator and the utility was unlawful.The Utility Reform Group brought the settlement into question on behalf of consumers, and the case will be heard by the California Supreme Court some months from now. SCE has stated that its bankruptcy fears have been somewhat assuaged and reportedly has only $1.1 billion remaining to collect from ratepayers.California's utilities suffered financial difficulty during the energy crisis of 2000/2001 because of discrepancies between the price of wholesale power and the allowed retail price. While Northern Californian utility PG&E declared bankruptcy, Southern California Edison managed to avoid this measure and is currently solvent.
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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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