EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

Read more

Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

Read more

Industry News

Endesa in Surprise Bid for French Power Firm

LCG, Oct. 4, 2000Spain's largest utility, Endesa, has bid an undisclosed sum for a 30 percent interest in French power producer Socit Nationale d'Electricit et de Thermique, a government-owned operator of coal-fired plants.

Snet, which had 1999 revenues of about $320 million and operated five generating stations, is controlled by state-run Charbonnages de France, the country's coal-producing monopoly. The French government has offered 30 percent of Snet as the first step in its privatization, though Charbonnages would retain controlling ownership.

It had been thought that a brokered marriage had been arranged with Suez Lyonnaise under which Suez would purchase the 30 percent and also assist Snet in financing a new thermal power plant.
The surprise bid by Endesa could test the willingness of France to open its electricity sector to foreign competition. Last February, after a year of foot dragging and under pressure from its European Union partners, France reluctantly said it would liberalize 25 percent of its power market. So far there has been little evidence that it has done so.

Industry observers in Paris say that it would be difficult for the French government not to sell the interest in Snet to Endesa if the Spanish firm offers more money than Suez. Furthermore, they say that Suez would be unlikely to raise its offer because it is eyeing investment in Italy and on the Iberian Peninsula.

Endesa, which recently admitted it was in talks that would lead to a merger with Iberdrola, Spain's second-largest power company, is known to be looking beyond the Spanish border and has budgeted about $3 billion for expansion into other parts of Europe.

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