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          News
        
       
	
		| LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired  power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.
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		| LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.Read more |  |  | 
                    
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    Industry News
  
    Nevada Utilities Ask FERC to Cut Prices in Power Contracts
  LCG, Dec. 6, 2001--Nevada Power Co. and Sierra Pacific Power Co., both subsidiaries of Sierra Pacific Resources Inc., said yesterday they have filed formal complaints with the Federal Energy Regulatory Commission seeking a reduction in future prices on contracts they entered into when wholesale power prices were higher than they are now.The companies say the problem with their contracts is more than bad timing. The energy crisis in neighboring California had driven wholesale electricity prices to record highs and there was a question as to whether power would be available to the Nevada utilities to serve their customers in 2002 and 2003.The companies complain that the prices for power under their contracts are "the product of markets found by FERC to be dysfunctional and not competitive" and should come under the same price caps the commission imposed on spot power sales in the West last June.Nevada Power and Sierra Pacific Power were happy with their 2002 and 2003 contracts until FERC imposed price caps on the spot market last June. That, coupled with new generation sources coming on line and benign weather, resulted in a dramatic easing of wholesale prices in both the spot and long-term markets. Now, the companies feel that FERC is "penalizing states that had secured longer-term contracts at a time when spot power prices were out of control," according to Walt Higgins, chairman, president and chief executive of Sierra Pacific ResourcesIn their filing, made under Section 206 of the Federal Power Act, the companies are asking FERC to reduce the prices of the contracts to the current market prices. 
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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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