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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
TXU to Shutdown 585 MW of Peaking Generation
LCG, January 5, 2005--TXU announced that it will stop operating nine, 65-MW, gas-fired combustion turbines installed at two TXU generating stations in Texas. The turbines are under long-term lease agreements, and TXU will explore opportunities to sublease the turbines to a third party and/or mothball the turbines. TXU expects to complete its analysis of these opportunities during the first quarter of 2005.Five of the turbines are located at the Permian Basin Steam Electric Station in Ward County, Texas, and the other four are located at the DeCordova Steam Electric Station in Hood County, Texas.By terminating the operations of the turbines, TXU expects to report a non-cash charge of approximately $156 million ($102 million after-tax) in the fourth quarter of 2004. Beginning in 2005, annual lease expenses for the turbines should drop by approximately $17 million ($11 million after-tax) as a result of the charge. TXU expects to continue to make normal payments under the existing leases and does not anticipate incurring any additional material cash or non-cash charges as a result of the transactions related to the combustion turbines.Last November, TXU announced similar plans to mothball eight, gas-fired electric generating units with a combined capacity of 2,516 MW. These units are located at Valley, North Lake and Morgan Creek stations. TXU estimated the total annual savings for mothballing the eight units to be approximately $20 million.TXU also executed an agreement on December 30, 2004 to terminate an existing power purchase and tolling agreement with ExTex LaPorte Limited Partnership that would have expired in 2006. The agreement includes a payment of $172 million and is expected to add flexibility to TXU's wholesale market activities and to reduce its overall cost of energy sold by approximately $22 million in 2005 and 2006.
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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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