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

Philly Gas Works Proposes 20 Percent Rate Cut

LCG, Aug. 17, 2001--The Philadelphia Gas Works yesterday filed a proposal with the Pennsylvania Public Utility Commission that would reduce rates to its more than 520,000 residential, commercial and industrial customers by as much as $171 million, or 20 percent.

Natural gas prices have been dropping after reaching all-time highs during the past winter, and the Philly Gas Works wants to share the savings with its customers, without being told to do so.

"We're delighted that we were able to come to this agreement that enables PGW to return thesesavings to our customers as soon as possible," said Craig White, a senior vice president and the municipal utility's interim chief operating officer.

The Philly Gas Works uses the word "interim" a lot in its job titles.

The rate proposal calls for two cuts that would total 20 percent. On September 1, a 16 percent, or $135 million cut in the so-called "gas cost rate" would result in a $19 per month savings on the typical residential home heating customer's bill. Then on December 1, an additional $6 per month reduction amounting to $36 million is anticipated.

White says the proposal also sets up rules for the Philly Gas Works to continually review and update natural gas prices for the remainder of the year. "We're watching natural gas costs very carefully and if their downward trend continues we'll be able to reflect those reductions in our rates," he said.

Somehow, the Philly Gas Works has been providing natural gas service to the City of Brotherly Love for more than 165 years.

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