EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

Read more

Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

Read more

Industry News

Southern Energy Buys 20 Percent of Philippine Power Project

LCG, Nov. 14, 2000--Southern Energy Inc. said this morning it had acquired a 20 percent interest in a 1,250-megawatt power station under construction in Batangas, the Philippines, for about $35 million.

The natural gas-fueled, combined-cycle facility has been under construction since March of last year and is expected to be completed in early 2002. The project includes a 20-year agreement with the Philippines' National Power Corp., majority owned by the government, that gives Napcor rights to 1,200 megawatts of the plant's capacity.

Majority owner in the project is Korea Electric power Co. with 51 percent, followed by Mitsubishi with 21 percent. Kyushu Electric Corp. of Japan owns the 8 percent balance. As part of its deal, Southern Energy will have the right to market the 50 megawatts not sold to Napcor and any of Napcor's 1,200 megawatts the Philippine company doesn't want.

Natural gas for the plant will come from the Malampaya gas field in the Palawan province of thePhilippines -- the first natural gas find of commercial value in the country. Palawan is a long, narrow island separated from the Philippine Archipelago by the Sulu Sea and washed on its west coast by the South China Sea.

In the early hours of October 23 1944, the American submarines USS Darter and USS Dace lay side by side in Palawan Passage, exchanging information, when a powerful Japanese force under Vice Admiral Takeo Kurita was picked up by radar. Kurita was on his way to Leyte Gulf to disrupt Gen. Douglas MacArthur's return to the Philippines.

Darter drew first blood when she torpedoed and sank Kurita's flagship, Atago, putting the Japanese admiral in the water and forcing him to switch his flag to another ship. Dace followed by sinking Takao and severely damaging Maya.

Those were the first shots fired in the Battle of Leyte Gulf, the largest naval engagement in history and one which destroyed the Imperial Japanese Navy as a fighting force.

We have digressed, but Pearl Harbor Day is coming up.

Copyright © 2026 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