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News
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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.
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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.
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Industry News
California Power Prices Golden for Reliant
LCG, Oct. 25, 2000--Reliant Energy Inc., the Houston-based electric utility active in the national merchant power movement, said this morning that power plants it acquired from Southern California Edison Co. made a major contribution to its record earnings.Reliant said its third-quarter net income rose to $389 million, or $1.34 per share, from an adjusted $283 million, or $0.99 per share, from the same period last year.Contributing to that 37 percent increase in profits was a sevenfold increase in operating income from its wholesale energy business, which consists of its merchant power plants and its electricity trading and marketing operations."Our strong commercial management of generating assets and commercial gas and power positions in attractive regions of the U.S. has allowed us to break out of the traditional role of a local energy provider. As markets evolve, we will continue to build business positions that capitalize on thesestrengths," said Steve Letbetter, chairman, president and chief executive. The company said it enjoyed "higher energy sales and energy prices due to unique seasonal dynamics in the Western markets." That Western market was California, where Reliant has 3,800 megawatts of generating capacity purchased from SoCal Ed when the Golden State's electric restructuring law encouraged state utilities to divest their power plants. That generation amounted to more than 8 percent of the state's peak demand on its hottest day this summer.The Golden State proved golden for Reliant Energy in the third quarter.
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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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