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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
Progress Energy Carolinas Announces Energy Efficiency Goals
LCG, June 1, 2007--Progress Energy Carolinas Wednesday announced its goal to displace 2,000 MW of electric generation through demand-side management and energy-efficiency programs. To achieve the goal, the company plans to double the approximate 1,000 MW currently being saved by existing programs. The goal is driven by the company's desire to meet customer growth in an environmentally sound manner, including global climate issues.
Over the next two years, Progress Energy plans to rapidly implement energy-efficiency programs and evaluate their effectiveness to determine the potential for further reductions, which could defer the need to build new generation facilities. Progress Energy also announced a commitment that it will not propose any new coal plants during this two-year evaluation period. Furthermore, Progress Energy notified the Nuclear Regulatory Commission (NRC) that if the company proceeds with plans to install a new nuclear reactor at the Harris site (a decision that has not yet been made), the new plant would be online in 2018 or beyond, at least two years later than initial energy demand forecasts had indicated.
According to Progress Energy, a key strategy for success is customer interest and participation, which the company plans to develop by setting a positive example through changes at its own offices and facilities, and by developing and implementing solutions with commercial, industrial and government customers.
New demand-side management and energy-efficiency programs to be implemented this year include: the installation of a new generation of programmable thermostats and water heater control devices to help regulate on-peak energy use in homes and businesses; increased residential HVAC maintenance, as well as duct testing and repair; large-scale replacement of incandescent light bulbs with energy-saving compact fluorescent bulbs; increased energy education and awareness, including in-home energy assessments and the use of new digital displays that provide real-time energy use and cost information for homeowners; and research and investments in new, clean fuel-cell technology for home and business electrical generation.
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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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