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News
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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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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
CMS Energy Corp. Admits $4.4 Billion in "Round-Trip" Trading
LCG, May 16, 2002-At the order of FERC, Wednesday CMS Energy Corporation said it inflated its trading volume by over $4.4 billion. Based in Dearborn, CMS said that trading between May 2000 and January 2002 included so-called "round-trip" or zero-margin trades. This practice, which is not illegal, calls for traders to purchase electricity at a specific price only to resell it at exactly the same price to same party. This increases trading volume without any real trade actually occurring. CMS asserted that it did not participate in any California electricity trading and that all of its round-trip trades were made with either Dynegy Inc. or Reliant Energy Services. CMS has changed the value of 2001 revenues by 26 percent, down to $9.6 billion, although it is still considering whether or not it will downsize its 2000 revenues by 11 percent to $7.7 billion. The company's shares have dropped by 20 percent over the last week. Meanwhile, the SEC has been conducting a formal investigation of Dynegy, and last week Reliant disclosed its involvement in round-trip trading amounting to a ten percent boost in revenue between 1999 and 2001. Reliant's round-trip trades made up 20 percent of all its trading last year. Dynegy denies taking part in anything improper and has reportedly cooperated with investigators. The admissions came after the Federal Energy Regulatory Commission ordered over a hundred energy traders to state whether or not they had participated in 12 specific strategies listed in the Enron memos released recently.
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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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