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FERC Releases the 2025 Summer Assessment for Energy Markets and Electric Reliability

LCG, May 15, 2025--The Federal Energy Regulatory Commission (FERC) announced today the release of the staff’s 2025 Summer Assessment on the outlook for energy markets and electric reliability during the June to September time frame.

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NRC Accepts Construction Permit Application for Dow's Advanced X-energy SMR Project in Texas

LCG, May 14, 2025--The U.S. Nuclear Regulatory Commission (NRC) accepted Dow's construction permit application to build X-energy Reactor Company, LLC's ("X-energy") first small modular reactor (SMR) plant to power a chemical facility in Seadrift, Texas. Dow's wholly-owned subsidiary, Long Mott Energy LLC, is developing the project to provide Dow's UCC1 Seadrift Operations manufacturing site with safe, reliable, and clean power and industrial steam to replace existing energy and steam assets that are approaching end-of-life. The project is part of a demonstration project supported by the U.S. Department of Energy (DOE) and, if approved, would be the first advanced nuclear facility at an industrial site in the United States.

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Industry News

Coal Prices May Feel Upward Pressure

LCG, Feb. 14, 2003--Following a decrease in capacity among coal companies due to low demand, coal-burning power producers who have let their own inventories shrink could spur price increases when demand returns.

Electricity produced from coal makes up 52% of the U.S.'s energy, yet power producers may have tried to realize savings by skimping on purchases. No concrete numbers are available, but some coal producers believe that the much cold winter now in progress has the potential to cause dangerously low inventories, especially if deliveries to power plants are delayed for any reason. The Energy Information Administration has estimated that the size of coal piles will contract by 5 million tons in the first quarter of the year.

In addition to the incentive of savings, sporadic coal purchases by power producers have likely been caused by lowered credit ratings and less favorable credit terms in the wake of the Enron scandal. Those contracts that have been signed recently have generally been shorter than before, in the range of one to three years in some cases rather than ten to fifteen years.
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