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

Italy Approves Montedison Takeover by EdF, Fiat

LCG, July 18, 2001Italenergia, the joint vehicle through which Electricit de France and Fiat are making their hostile bid for Italian utility Montedison, won approval yesterday from Italy's stock market regulator Consob after agreeing to raise their offer to at least the minimum required by takeover rules.

Consob found that Italenergia had acquire shares of Montedison at market prices higher than their hostile offer. Under Italian takeover rules, the minimum bid must be the average of the last 12 months' weighted trading average and the highest price paid in the market.

Because the European Union could derail the deal if it suspends, even temporarily, Italenergia's voting rights on the 52 percent of Montedison it already owns, Consob also insisted that the EdF-Fiat vehicle include a warning in its prospectus that Brussels could examine EdF's role in the bid.

For EdF, the takeover would be is means of entry into the Italian energy market. The EU has expressed displeasure with France and the French utility for foot-dragging on opening their own market while taking advantage of the openness of the markets in other EU countries.

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