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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

NYSE&G Says New York Short on Energy Supply

LCG, April 6, 2001Utility New York State Electric & Gas Corp. says its state does not have enough in the way of power plants, transmission facilities and natural gas pipelines to support a competitive wholesale electricity market.

"Today, rising total electric prices in parts of New York threaten our economy," NYSE&G's president Ralph Tedesco said. "While NYSE&G strongly supports competition, our experience in New York, coupled with the California experience, underscores the need for us to reevaluate the time frame and infrastructure requirements necessary to achieve our goals."

NYSE&G, in a report with the title "New York State's Electric Energy Crisis and NYSE&G's Comprehensive Solution," says that since the New York Independent System Operator took over the wholesale power market in November 1999, wholesale electricity prices have risen more than 100 percent because there is insufficient in-state supply to create a liquid market.

Ken Klapp, a spokesman for the ISO, said most of what the utility is talking about is being addressed by the ISO and the New York State Public Service Commission.

NYSE&G's "Comprehensive Solution" consists of price caps on wholesale power through 2008.

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