News
LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.
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Industry News
DOE Authorizes Exports for South Texas LNG Project
LCG, February 5, 2013--The U.S. Department of Energy (DOE) granted Pangea LNG (North America) Holdings, LLC, a long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement (FTA) nations from its new South Texas LNG Project under development on Corpus Christi Bay. Pangea expects the project to be in operation by at least 2018.
"Approval by the US DOE is a positive step forward for this project, which represents a significant investment in the development of the LNG market in the U.S.," said a Pangea LNG project spokesperson. "Exporting LNG will help stabilize U.S. natural gas prices, grow and sustain drilling and production jobs, and stimulate additional investment in developing the country's gas reserves."
Pangea is authorized to export up to 8 million metric tons of LNG annually (or 1.09 Bcf/day of natural gas) produced and received from domestic gas fields for a 25-year term commencing on the date of its first export.
The authorized FTA countries include: Republic of Korea, Australia, Bahrain, Canada, Chile, Colombia, Dominican Republic, El Salvador, Guatemala, Honduras, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru and Singapore. In December, Pangea LNG filed an application with the DOE requesting authorization to export LNG to any country with which the U.S. does not have a free trade agreement in effect. That application is now pending.
The proposed South Texas LNG Project will be developed on a 550-acre site located on the La Quinta Ship Channel of the Port of Corpus Christi. To receive gas supplies, the project will include a pipeline that connects to likely nine major interstate and intrastate transmission pipelines, thereby providing access to a myriad of gas supplies, including supplies from the Eagle Ford Shale and conventional production in South Texas.
The South Texas LNG Project is subject to federal, state and local regulatory approvals. The Federal Energy Regulatory Commission (FERC) is acting as the lead federal agency. Pangea expects to file a FERC application in 2013, and commercial operation could commence by 2017.
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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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