EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

Read more

EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

Read more

Industry News

Lawyers Use Internet to Find Avista Plaintiffs

LCG, Sept. 5, 2000Call it high-tech ambulance-chasing. Lawyers are taking to the Internet looking for plaintiffs who want to sue companies suspected of wrongdoing.

Avista Corp., the former conservative Washington Water Power Co., is a target of a law firm that is rounding up shareholders the lawyers think they can convince there's a pot of gold at the end of the litigation. There often is for the lawyers. There often isn't for the plaintiffs.

One of the many law firms using the Internet to scare up a case against Avista is Berman, DeValerio & Pease, of Boston. It or they warned in an announcement on the Internet Friday that "a deadline is fast approaching for shareholders who want to sue" Avista and five other companies. The lawyers invited shareholders to call in order to learn "your ability to potentially recoup your losses."

Avista made some stupid moves earlier this year and barely broke even in the second quarter, but it is unlikely the company set out to destroy the fortunes of its shareholders. What it did was guess wrong on the direction power prices would take when it sold its 175 megawatt interest in the Centralia, Wash., power plant. Instead of contracting for replacement power, it bet that the price of power would drop and it could cover its shortage for less money in the spot market.

You don't go to jail for trying to fill a straight.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service