EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

DOE Encourages Site Applications for New Nukes

LCG, Aug. 28, 2001--The U.S. Department of Energy in a notice in the Federal Register yesterday asked private energy companies to submit requests to have potential sites licensed for new nuclear power plants.

In a pilot program aimed at encouraging development of new nuclear generation, the DOE will use $700,000 to subsidize licensing of new sites by the Nuclear Regulatory Commission>

The program will help overcome "barriers affecting future near-term deployment of new nuclear power plants," the agency said in its announcement.

Nuclear utilities could apply for sites now, either at greenfield locations or adjacent to existing nuclear plants, and then sit on the licenses until they were needed. The DOE said applications under the program are due by October 15.

The three leading U.S. nuclear utilities, Exelon Corp., Entergy Corp. and Dominion Resources Inc., are expected to take advantage of the plan.

A spokesman for Dominion Energy, Dominion Resources' power producing unit, said "Anything the federal government does to encourage new plant construction in the U.S. we are infavor of."

Marvin Fertel, a senior vice president of the industry group Nuclear Energy Institute, said the organization expects its members to build eight new nuclear power plants in the ten years between 2005 and 2015.

Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
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