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News
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LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.
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LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.
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Industry News
PetroWorld Develops Floating Methanol Plant
LCG, July 29, 2003Several petroleum companies have joined forces to develop a floating methanol plant. Transworld Exploration and the Petroleum Oil and Gas Corporation of South Africa have formed the joint venture PetroWorld Limited, which itself has joined with New Jersey-based Foster Wheeler Power Systems and Texas-based Starchem Technologies and Waller Marine Inc. The companies are interested in accessing stranded natural gas reserves and converting the gas into methanol. Much of the worlds natural gas reserves lie untouched under remote parts of the ocean. Transporting the gas by refrigerated tankers is not efficient or affordable. Converting the gas to a liquid such as methanol allows the fuel to be transported as a liquid on ordinary tankers. However, traditional methods of converting natural gas to methanol cannot be applied directly to a floating system because of size and safety considerations. Starchem Technologies, Waller Marine, and Foster Wheeler Power Systems are apparently engineering realistic methanol floating plants, which may be deployed within three years of project finalization. The floating plant will be able to produce roughly 12,000-15,000 tons of methanol per day. Methanol, also known as wood alcohol, can fuel cars and other devices. The chemical has only one carbon atom, one less than ethanol. Methanol is lethal if ingested by humans but burns very cleanly when used as fuel.
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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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