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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
Energy Company Executive Backs Derivatives Bill
LCG, July 10, 2002--The chairman of Aquila, Inc., Richard C. Green, Jr., testified today at a Congressional committee hearing that he sees energy derivatives as "no less important to the energy industry" than they are to the agricultural industry.Green told the Senate Agriculture, Nutrition and Forestry Committee today that derivatives allow risk to be distributed to those who are willing to accept it, and minimized for others who want to manage it. Speaking on legislation proposed by Sen. Diane Feinstein, D-Calif., that would regulate trading of derivatives and make the energy derivatives market subject to greater disclosure, Green said, "It is critical for bodies, such as this Committee, to work quickly to remove uncertainty from the markets, to make corrective remedies where warranted, and to allow the energy industry to get back to the business of building critically needed infrastructure."The Aquila chairman stated that he supports the most recent form of the Feinstein bill, "as it provides the necessary safety nets to restore public trust while not impeding the dynamics of this marketplace." Green said that futures, options and swaps, "have been shown to be a critical factor in investment and growth of the economy." Aquila, which last year expanded its trading operations, has undertaken a significant corporate restructuring in order to maintain its credit rating, shedding most of its energy trading activity and personnel.
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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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