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EPA Announces Proposed Rule Action to Revise ELG's and Support Reliable, Affordable Coal-fired Power Plants

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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DOE Awards $94 Million to Eight American Companies to Accelerate SMR Deployments and Develop Supply Chain

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

Burning Gas Not as Profitable as Selling It, Users Find

LCG, Dec. 12, 2000--The skyrocketing price of natural gas has put some companies in the position of having an inventory of gas that is more valuable than the merchandise the gas would be used to create.

Terra Industries Inc., an ammonia, urea and methanol manufacturing company, said it had shut down of one of the two sets of ammonia and upgrading plants at its Verdigris, Okla. facility.

Michael L. Bennett, chief operating officer of the company, said "The natural gas price increase since our December requirements were purchased for Verdigris permitted us to sell a portion of those purchases and generate higher gross profits than could be realized from selling the products manufactured with the natural gas."

Mississippi Chemical Corp. is betting natural gas prices come back down, so it sold all of its natural gas futures contracts in order to take advantage of the opportunity provided by the unprecedented high prices. The company said it made a pre-tax gain of $16 million on the sale.

"We remain committed to the nitrogen business and our customers, but we also have to takeadvantage of opportunities to optimize cash flow during these challenging times. It is our belief thatthe current unprecedented natural gas prices are unlikely to be sustained during the intermediateterm," Charles O. Dunn, Mississippi Chemical's chief executive, said.

Seneca Resources Corp. of New York, a subsidiary of National Fuel Gas Co., said it had temporarily suspended steaming operations in a California oilfield so it could sell the natural gas used to create the steam.

Steam is injected into oil wells to heat up the crude and improve its flow capabilities. By suspending the steaming operations, Seneca says it can sell the unused gas at a profit of about $31,500 per month.

Too bad electric power can't be stored.

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