EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Peak Energy Announces First Grid-Scale, Sodium-Ion Battery Energy Storage System in the U.S.

LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.

Read more

TVA Presents Third Quarter Fiscal Year 2025 Financial Results

LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.

Read more

Industry News

Puget Energy Seeks 14.5 Percent Rate Hike

LCG, Nov. 28, 2001--Puget Sound Energy Co., the utility subsidiary of Puget Energy Corp., has asked Washington state regulators for a rate increase for both natural gas and electricity and for permission to offer variable rates that would permit the company to pass along to customers any changes in the wholesale cost of energy.

The utility, which serves nearly a million customers around -- but not in -- Seattle, is seeking a 14.5 percent electricity rate increase that would boost the average householder's monthly bill by about $9. Residential gas bills would increase by another $2 per month.

The Washington state consumer advocate greeted the request with dismay. "We think it's a shocking blow for ratepayers and small businesses that are already facing recession and high employment," said Simon ffitch (that is correct), power counsel in the state Attorney General's Office.

The proposed gas and electricity rate hikes are part of a general rate case which will be reviewed by the Washington Utilities and Transportation Commission in a process that could take up to a year.

That is not fast enough to stop the bleeding, the company said, announcing it would file an interim rate increase request with the commission, seeking to recover losses of $625,000 per day from September of this year through September 2002.

Even with the increases, which would be the first in more than five years, Puget Sound Energy customers will be better off than their neighbors, the company said. Customers of Seattle's municipal utility will be paying almost 50 percent more for electricity than they did a year ago, and those of Tacoma's electric department will be paying more than a third more.

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