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

Panda Plans 1,070 Megawatt Illinois Merchant Plant

LCG, Sept. 14, 2000Panda Energy International Inc. said yesterday it would build a 1,070 megawatt merchant power plant on the outskirts of Mount Vernon, Ill., about midway between St. Louis and Evansville, Ind. on I-64.

Construction on the $350 million natural gas-fired, combined-cycle facility is scheduled to begin in early 2002 with commercial operation beginning in late 2003. Panda will sell the plant's output in the wholesale market through an interconnection with a Mount Vernon substation.

Illinois Gov. George Ryan welcomed the plant, noting there is an increased demand for energy. "Iwelcome Panda Energy's contribution to our state's growth and development," Ryan said. "Inaddition, this plant will provide a much needed tax base that will help improve facilities for the localschool district."

The plant will add several million dollars in taxes to the community and will make $3 million to $5million in local purchases each year it is in operation, according to Garry Hubbard, a Panda senior vice president.

Hubbard said about 500 jobs and an estimated payroll of $50 million will be created during an 18-month construction period. Once the plant is operational, 46 full-time jobs will open with an annual payroll of $2 million to $3 million. In addition, 100 off-site support jobs will be created.

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