News
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
El Paso Corp Planning to Sell Assets, Cut Dividends
LCG, February 6, 2003-The El Paso Corporation announced plans yesterday to get rid of $2.9 billion in assets, in addition to drastically shrinking dividends.El Paso controls over 57,000 miles of natural gas pipeline, natural gas production assets, and liquid natural gas assets. Company officials announced that it will likely cut annual dividends nearly 82%, from 87 cents to 16 cents per share.Additionally, the company intends to sell $2.9 billion in assets and cut its spending by $1.4 billion. El Paso has set a goal of reducing costs by $150 million.The company has $2.6 billion in liquidity, although it owes $1 billion in debt, due this March, and much of its credit line may have to be used to meet prior obligations.El Paso sold $3.9 billion in assets last year and intends to sell petroleum assets, in addition to getting out of the liquid natural gas (LNG) business. The company has noted its intention to concentrate on its core, pipeline businesses.
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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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