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

FERC Agrees: California Not Owed $8.9 Billion

LCG, July 26, 2001The Federal Energy Regulatory Commission yesterday agreed with its top administrative law judge that California is not owed the $8.9 billion its governor, Gray Davis, is demanding from power producers he calls "the biggest snakes on the planet earth."

At the same time, FERC said it would hold a hearing to determine what, if anything, the state is owed. The agency could order California power purchasers its investor-owned utilities as well as state agencies to pay their unpaid power bills.

The hearing will aim at clearing up the refund issue once and for all. "This industry needs, deserves and must have certainty. The people of California need, deserve and must have certainty," said Chairman Curtis Hebert.

In two weeks of negotiations conducted by Judge Curtis Wagner in late June and early July, California did not budge a cent from its demand for $8.9 billion, though generators conceded that about a tenth of that could be refunded if they were paid in the first place.

FERC voted yesterday to accept Wagner's conclusions that the state might be owed as much as $1 billion and was probably not entitled to cash payments because that sum could be offset by the amount owed the power producers.

Davis clung to his demand for $8.9 billion as if his political future depended on it and it may.

"As for the energy profiteers and pirates, let me make clear that I will not rest until every dollargouged from California businesses and residents return to California. If the FERC does not makeCalifornia whole, we will see you in court," the governor said in a statement.

Another FERC administrative law judge, Bruce L. Birchman, will preside over the quasi-legal hearing, which will focus on wholesale sport market power transactions that occurred between Oct. 2, 2000 and June 20 of this year.

The California Independent System Operator, which created the study upon which Davis bases his claim for $8.9 billion, will have 15 days to submit evidence to back up its figures. Birchman will then have 45 days to submit a report for FERC's five commissioners who will then vote on his recommendations.

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