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News
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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.
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LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.
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Industry News
TVA's Leasing Deal Seen As Avoiding Debt Cap
LCG, Jan. 30, 2002--The budget proposal to be released next week by President Bush, the Tennessee Valley Authority will show $300 million more in liabilities than the agency believes it has.According to the Wall Street Journal, new attention to strict accounting standards caused the Office of Management and Budget to classify the TVA's leasing deal for a natural gas plant as a debt. TVA owned the plant until it arranged with a unit of Pittsburgh-based PNC Financial Services Group Inc. to receive a one-time payment for the plant, which was under construction, and then lease the plant in order to cover outstanding construction costs.The TVA is allowed to borrow up to $30 billion, but having outstanding debt on the plant would have put its debt above $25.4 billion. Its management would like to be able to expand its generating assets. By taking the gas-fired peaking plant off its list of assets, it avoids fluctuations in the plant's market value, and as chief financial officer David Smith says, it is able to "build flexibility into our portfolio."The OMB has insisted that the arrangement be recognized as a long-term obligation, not a normal operating expense.
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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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