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

Plains Power Prices Higher Due to Drought

LCG, Feb. 10, 2003--Drought conditions described by the U.S. National Weather Service as "abnormally dry" to "extreme" have lowered hydro power supplies in the Plains states of the U.S. and in Canada, leading to wholesale prices twice as high as they were last year.

Manitoba Hydro, which supplies U.S. utilities and wholesalers, has had to buy power from thermal power plants using natural gas and other fossil fuels at the same time that its export revenues have dropped by 16 percent. The company's annual earnings are estimated at C$70 million to C$107 million ($46 to $70 million US) by the time its fiscal year ends in March. Last year, its earnings were C$214 ($140 US) million.

The Western Area Power Administration, the U.S. agency that supplies a variety of small customers, including irrigation districts and Indian tribes, has been impacted as well, as snowpack in Montana is 42 percent below normal, while reservoir levels remain below average. The low snowpack means that the Missouri River system's flow through Nebraska, to Iowa and Saskatchewan and Manitoba is reduced. The agency's purchases have been at wholesale prices much higher than normal. They have been seen at $60/MWh recently, compared with $21/MWh last year.
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