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News
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LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.
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LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation
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Industry News
NextEra Energy Transmission Submits Offshore Wind Transmission Proposals to Serve New Jersey
LCG, November 5, 2021--NextEra Energy Transmission Mid-Atlantic Holdings, LLC, a subsidiary of NextEra Energy, Inc., yesterday announced that it has submitted multiple proposals, collectively called the New Jersey Seawind Connector, into the PJM State Agreement Approach Proposal Window.
NextEra Energy Transmission stated that the proposals are all cost-effective, help New Jersey meet its future energy needs, and designed to minimize environmental and marine impacts.
NextEra Energy Transmission’s president said, “For more than 20 years, NextEra Energy companies have been supporting New Jersey's energy needs. As the largest generator of renewable energy from the wind and the sun in the world, we support and applaud New Jersey's clean energy goals. We believe no one in the industry can match our experience and unique skillset and we look forward to participating in this project.”
According NextEra, the proposals submitted considered a number of different injection locations and designed routes to minimize marine and environmental impacts. The proposals are designed to provide reliable and cost-effective delivery of offshore wind energy to New Jersey electric customers at significant savings compared to current transmission plans.
The New Jersey Board of Public Utilities (BPU) will analyze a number of factors to evaluate the proposals and may select one or more proposals to move forward with development and construction in the second half of 2022.
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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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