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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.

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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.

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Industry News

Williams Files $591 Million Claim in PG&E Case

LCG, Sept. 4, 2001--The Williams Cos. of Friday filed a claim in U.S. Bankruptcy Court for $591 million against pacific Gas & Electric Co. for power sold to the utility through the California independent System Operator and the now-defunct California Power Exchange.

Company officials said the claim reflects the maximum amount PG&E could owe Williams for but that some portion of the $591 million claim may be found to be the responsibility of SouthernCalifornia Edison Co.

Williams sold power through the CA ISO and Cal PX and they hold the sales figures that can be attributed to PG&E and SoCal Ed. What Williams does know is it sold power to the CA ISO for $557,654,670 and $32,705,539 to the Cal PX. One invoice of power sold directly to PG&E for $747,900 is also included in the claim.

"The $591 million claim represents our gross receivables through April 6 and the amount we arerequired to file to ensure that the courts have a full picture of the monies owed to Williams as bankruptcy proceedings filed by PG&E last April progress," said Steve Malcolm, president of Williams' energy services unit.

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