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News
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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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LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.
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Industry News
Senators Propose National Renewable Electricity Standard
LCG, September 22, 2010--Senators Bingaman (New Mexico) and Brownback (Kansas) yesterday announced plans to reintroduce a bill to create a federal renewable electricity standard (RES). The legislation is alleged to increase our energy security, enhance the reliability of the electricity grid by creating more homegrown renewable energy, and reduce our greenhouse gas emissions.
The stand-alone, 43-page RES bill is almost identical to the RES included in the American Clean Energy Leadership Act, S. 1462, according to Senator Bingaman. The bill requires electricity suppliers to ratchet up the percent of renewable energy supplies (or energy efficiency improvements) from 3 percent in 2012 to 15 percent in 2021. The bill is designed not to affect state programs.
Like prior the proposal, the bill includes (i) an exemption for utilities selling less than 4 million megawatt hours per year of electricity and (ii) the option to pay alternative compliance payments to the Secretary at a rate of 2.1 cents per kWh.
Renewable energy sources include wind, solar, ocean, geothermal, landfill gas, incremental hydropower, hydrokinetic, and new hydropower at existing dams, an expanded waste-to-energy definition that includes municipal wastes, and biomass.
Although biomass is included as a renewable resource, the bill does nothing to address the carbon neutrality of biomass, which the Environmental Protection Agency (EPA) has called into question with its proposed Tailoring Rule that does not treat biomass as carbon neutral. Without carbon neutrality, biomass development will likely be limited, and it will not become the primary, non-hydro source of renewables, as forecast this year in the Energy Information Administration's Annual Energy Outlook.
Senator Bingaman states, "I think that the votes are present in the Senate to pass a renewable electricity standard. I think that they are present in the House. I think that we need to get on with figuring out what we can pass and move forward."
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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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