EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

Read more

DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

Read more

Industry News

NorCal 45 Megawatt Peaker to Start in 10 Days

LCG, July 23, 2001Work is nearly completed on a 44.6 megawatt peaking power plant being built on the site of a former lumber mill in Northern California and the facility is expected to be on-line by August 1, the Redding (Calif.) Record-Searchlight reported Saturday.

Installation of the final two natural gas-fueled combustion turbines began Friday at the site in Red Bluff and was expected to be finished tomorrow, when operators will begin testing the units.

A peaking plant would ordinarily be operated only during periods of peak demand, about 500 hours a year. The Red Bluff facility, under contract to the California Independent System operator, is expected to run as many as 2,280 hours a year until the state once again enjoys a comfortable margin of power reserves.

The small facility is just one of about 40 peaker plants being built throughout the state to operate when statewide power supplies are stretched to their limit, Kevin Herron, construction manager for the Red Bluff plant, told the paper.

Unseasonably cool summer weather has spared California from rolling blackouts since May 8, despite predictions that this would be a summer of electrical discontent, but Herron says that could change in a hurry if there were to be a heat wave.

"Politicians shouldn't be lulled into a false sense of security," he told the Record-Searchlight, adding that he believes the state's energy surplus will quickly dissipate once the weather turns hotter and air conditioners are running at full blast.

The Red Bluff plant is being built by Neo California Power Co., which is owned by Minneapolis-based NRG Energy Corp.

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