EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

Read more

ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

Read more

Industry News

El Paso Restates Proven Reserves Downward 35 Percent

LCG, Feb. 18, 2004--El Paso Corp. restated its proven natural gas reserves, taking a $1 billion charge based on the reduction in its reserves by 1.8 trillion cubic feet, to 2.6 trillion cubic feet.

The revision, which was announced following the close of markets yesterday, had been expected based on earlier disclosures by the company, although expectations among analysts were for a smaller restatement than was announced. The company informed the Securities and Exchange Commission that the restatement was approaching, and that if officials desired, it would provide further information.

A similar restatement was made in January, when Royal Dutch/Sheel Group of Cos. revised its estimates of proven reserves, by including 3.9 billion barrels' worth of formerly "proven" reserves of oil with totals that were considered within "scope for recovery". Proven reserves are considered recoverable, whereas the latter category indicates a lesser degree of certainty.
Copyright © 2025 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