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

Senate Panel Finds FERC Lacking

LCG, November 12, 2002-A Senate panel has determined that the FERC neglected to act on information about Enron and has too few personnel attending to the regulation of industry.

In a report released today, the Senate Governmental Affairs Committee found that the Federal Energy Regulatory Commission should have noticed Enron's irregular behavior as long as five years ago. In the report, Senators pointed to wind farm transactions in 1997 where assets were transferred to secret Enron partnerships instead of companies separate from Enron as promised.

A higher rate on power is allowed to be charged for qualifying facilities such as wind generators; Enron's acquisition of three California wind projects mandated either Enron's sale of the wind assets or a non-special rate on those generators. Enron's secret ownership tacked on an additional and illegal $176 million in collections from the wind farms.

FERC had begun investigating the secret partnerships only last month.

According to the report, "On a number of occasions, FERC was provided with sufficient information to raise suspicions of improper activities -- or had itself identified potential problems -- in areas where it had regulatory responsibilities over Enron, but failed to understand the significance of the information of its implications."

The Senate Committee also noted that FERC had too few staff involved with market oversight and that too small of a percentage of FERC's employees are involved in preventing market abuse.

FERC has already countered that, with only 1,250 employees, 800 of which are involved in safety and licensing, 200 of the remaining 450 are working in oversight and enforcement. The Federal agency has also taken issue with the Senate Committee's criticism of FERC's investigation, saying more skilled investigators have been hired.

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