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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
Reliant Resources Abandons Gas Trading
LCG, Mar. 10, 2003--Recent volatility in natural gas prices has prompted Reliant Resources to announce today it will no longer be involved in proprietary trading in that market.The company said that a trading loss of approximately $80 million following the closing of a short position for March deliveries and a long position for April deliveries was a direct cause of its decision. The price of the NYMEX March contract increased by $2.53/mmBtu in February, from its closing price on Friday the 21st to trading on Monday, the 24th.Reliant Resources has posted an additional $0.1 billion in collateral to maintain liqiduity, in addition to its January total of $0.7 billion from its domestic margin and collateral. Aside from the negative impact of market volatiliy for its trading operations, Reliant has seen revenues earned by coal generating plants it owns rise, due to higher market prices caused by conditions in the natural gas market.
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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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