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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.

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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.

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Industry News

Midwest ISO Projects Savings with New Market Design

LCG, July 1, 2004--The Midwest Independent Transmission System Operator, Inc. (Midwest ISO) announced that it has completed an analysis of the projected cost savings that will result from the implementation of a new market design and congestion management system. Ron McNamara, Vice President of Regulatory Affairs and Chief Economist for the Midwest ISO, stated, "Our analysis projects that the introduction of centralized security-constrained economic dispatch using Locational Marginal Pricing will result in annual gross production cost savings of approximately $255 million throughout the Midwest ISO region.

Furthermore, the implementation of regional dispatch will allow for more efficient use of the existing transmission and generation assets, which should not only lower spot energy prices, but also put downward pressure on prices in bilateral contracts, resulting in a potential annual gross savings of approximately $713 million to energy consumers." The announcement follows recent testimony submitted by Mr. McNamara to the Federal Energy Regulatory Commission (FERC).

The Midwest ISO is scheduled to introduce the new market design and congestion management system on December 1, 2004 and to run systems in parallel operations for testing by market participants. The new market design is targeted to officially commence operations on March 1, 2005. The new market design follows the direction set by the FERC in its Order 2000 and the FERC's subsequent issuance of the Wholesale Power Market Platform in April 2003. The market design is similar to that already in use by PJM, ISO New England, and the New York ISO, and planned for implementation by the Electric Reliability Council of Texas (ERCOT) in late 2006 and by the California ISO in early 2007.

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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