Construction Begins on Ørsted's 420-MW Solar Plus Battery Storage Project in Texas

LCG, November 14, 2019--Ørsted announced yesterday that, following the final investment decision from its Board of Directors, the company has begun construction on its first utility-scale solar plus battery storage project, the Permian Energy Center.

Read more

PSEG Announces Plans to Invest in Offshore Wind

LCG, October 31, 2019--Ørsted and Public Service Enterprise Group (PSEG) announced Tuesday plans to enter into exclusive negotiations for PSEG to potentially become an equity investor in one of Ørsted's offshore wind projects and acquire 25 percent of the Ocean Wind project.

Read more

Industry News

NRG Energy to Buy 2,255 Megawatts of Generation

LCG, July 11, 2001NRG Energy Inc. said yesterday it has agreed to purchase power plants with a total capacity of 2,255 megawatts from Indeck Energy Services, a company specializing in the development of generating stations.

NRG said the portfolio includes combined-cycle and peaking power plants that primarily serve the Chicago energy market. The company expects the acquisition to achieve financial close this month.

"The acquisition of these assets complements NRG's strategy of developing significant generationwith the Chicago-St. Louis-New Orleans corridor," said chief executive David H. Peterson. "This marks a new development in our long relationship with Indeck as they are now providing project development services to NRG."

The assets include the Rockford I and II Energy Centers, located 75 miles west of Chicago inRockford, Ill.; Bourbonnais I and II Energy Centers, located 50 miles south of Chicago; and the IlionEnergy Center, located in central upstate New York, NRG said.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service