EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

Read more

New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

Read more

Industry News

Steel Producers Object to Proposed Unit Tax on Power

LCG, July 31, 2000--A plan under consideration by the Ohio Legislature to impose a per-kilowatt-hour tax on electricity sales came under fire Friday from the Ohio Steel Council, an organization made up of some of the largest U.S. steel producers, the steelworkers union and the Ohio Legislature itself.

The plan is being reviewed by the legislatures Joint Legislative Committee on the Kilowatt-Hour Tax, composed of Ohio House and Senate members. The committee is to complete its report bySeptember 30. Electricity restructuring is scheduled by law to begin January 1 of next year.

In restructuring the electric industry in its state, Ohio reduced personal property and gross receipts taxes paid by utilities, in order to relieve state electric companies of a competitive disadvantage they would suffer in comparison to out-of-state firms participating in the Ohio electric market.

Those taxes had been passed along by utilities to their customers but now that the taxes themselves are being transferred to electricity users, the biggest customers want them based on dollar volume rather than kilowatt-hours. Thats because they pay a lot less per kilowatt-hour.

The Steel Council said in a statement "Ohio steel producers have no objection to paying the same proportionate share of electricity tax that they have been paying for years. However, the proposed tax based on kilowatt hours consumed could result in a considerable tax increase, unfairly penalizing large industrial consumers, such as steel."

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