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News
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LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.
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LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.
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Industry News
$2.52 Million Fine Proposed in Fatal Pipeline Blast
LCG, June 22, 2001The Research and Special Programs Administration, a division of the U.S. Department of Transportation, has proposed a $2.52 million civil penalty against an El Paso Corp. unit for safety violations that led to a natural gas pipeline explosion in New Mexico last August, killing 12 people.The proposed fine, largest ever against a natural gas pipeline firm, follows a DOT investigation that charged El Paso with several safety violations, including use of the pipeline to transport "corrosive gas on numerous occasions without taking proper preventive and mitigative steps."The DOT also accused El Paso of failing to ensure that qualified personnel perform internal corrosion procedures to ensure pipeline integrity and neglecting to follow procedures for continuing surveillance of its facilities, which would have led to action to control collection of liquids at low points where corrosion could occur.On August 19 last year, the pipeline exploded near Carlsbad, N.M. The resulting ball of fire incinerated all 12 members of two families as they slept, camped nearby on a fishing trip.El Paso has said it did not believe it committed any violations. "Certainly it was a very regrettable accident but we don't believe it was caused by any violations or procedures that may or may not have been performed on our part," said Norma Dunn, an El Paso spokeswoman.Edward Brigham, acting deputy administrator of the Research and Special Programs Administration, said "We must do everything we can to prevent the loss of life from pipeline failures. The penalties we seek in this case reflect the importance of comprehensive integrity management programs."El Paso will have 30 days in which to either pay the fine or seek a close-door hearing on the allegations.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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