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

Rhode Island Bill Would Spur Electric Competition

LCG, Feb. 27, 2002--A bill introduced by Rhode Island lawmakers would attempt to make lower power prices available to the state's small power users.

House Speaker John B. Harwood, D-Pawtucket, and Rep. Brian P. Kennedy, D-Hopkinton, say that the proposed legislation is meant to succeed in ways that the Utilities Restructuring Act of 1996 did not. Since, 1998, customers have been able to choose a supplier other than Narragansett Electric.

Marketers are generally not seen as being as willing to court consumers as they are large businesses, due to the relatively high cost needed to attract a small amount of additional consumer sales. One part of the bill would allow municipalities to solicit bids from suppliers on behalf of their residents, and switch all residents' to the least expensive supplier except for those who opted not to be switched. Thirty-four Rhode Island towns are already realizing savings based on a deal negotiated by the Rhode Island League of Cities and Towns for a duration of five years beginning in 1999.

Despite the bill's focus on allowing aggregation of tens of thousands of customers, it would also give individual customers an option to select higher-priced "green power" produced from renewable resources.

Rate structures would have to reflect different time-of-day costs. In Washington state, a move to higher charges for customers during day-time peak periods have coincided with a shift in power usage towards off-peak periods, when lower prices are in place.

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