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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.

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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.

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Industry News

New British Power Trading Arrangements Delayed - Again

LCG, Oct. 30, 2000--The British Office of Gas and Electricity Markets said on Friday that it had once more postponed the opening of "new electricity trading arrangements" because of technical problems.

The phrase "new electricity trading arrangements," meant at first to describe an unnamed plan that was to have been introduced this month, has become the de facto name for the scheme. Ofgem and others have taken to using the acronym "Neta."

The postponement is the third delay for the program, which is supposed to lower residential electricity bills by as much as 10 percent. In May, Ofgem conceded that difficulties putting together complex information technology systems would delay the opening of Neta until November 21. Earlier this month, that date was pushed back to January 30.

Now, Ofgem says it is working to get Neta up and running on March 27 of next year, but market participants are now taking a wait and see position. One trader told the Financial Times "A lot of people in the market think this could continue to roll through until after the election and probably into the summer."

The way the program is being set up, private companies such as traders and generators have been spot market and futures trading systems while Ofgem has been developing balancing systems that will match power supply with demand. No one knows yet whether the two sets of systems will talk to each other.

So far, Ofgem is estimated to have spent about 90 million ($129 million U.S.) on getting Neta ready. The program is said to have cost private market participants as much as 10 million ($14.3 million) each.

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