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

Energen Says High Gas Prices Mean High Profits

LCG, Dec. 1, 2000--Energen Corp., the holding company for Alabama Gas Corp. which serves about 470,000 customers in a belt across central Alabama, said yesterday that high prices for natural gas and oil promise to boost earning beyond earlier expectations.

"On the basis of commodity price strength in the first quarter of our 2001 fiscal year, we are increasingly optimistic over the potential for greater earnings growth in the current year than earlierdiscussed," said Mike Warren, chairman and chief executive.

"Energen's earnings for fiscal year 2001 have the potential to rise more than the 13 percent previously estimated to the extent that commodity prices continue above the assumed levels and our other underlying assumptions remain unchanged," Warren added.

The company said that a 10 increase in natural gas wholesale prices is estimated to have a $400,000 impact on net income.

The company further noted that unlike Energen Resources, the company's natural gas utility does not profit from the high natural gas prices currently in place across the country. Changes in the utility's gas supply costs, up or down, are passed through to the customer without markup, under the terms of a Gas Supply Adjustment rider to its rate schedules.

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