EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

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.

Read more

FERC Approves Vistra's Plan to Acquire Nearly 2,600 MW of Gas-fired Power Plants

LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.

Read more

Industry News

New York's LIPA Delays Decision On KeySpan Generators

LCG, Feb. 27, 2002--New, undisclosed information has caused the New York State-owned Long Island Power Authority to forego making a decision at its regular Feb. 28 meeting on whether to buy power plants on Long Island from KeySpan.

Rather, the Board of Trustees will hold a special meeting on March 12. Under an agreement with KeySpan, which was formed by the merger of Brooklyn Union and Long Island Lighting Co. (LILCO), LIPA would need to purchase all or none of the plants.

Currently, LIPA owns Long Island's transmission and distribution system, which it acquired from the financially distressed LILCO. KeySpan owns Long Island-based natural gas assets in addition to the generating plants valued at about $1.5 billion. The plants have a capacity of about 4,000 megawatts, which can supply approximately four million homes.

If LIPA acquired the plants, it would not have to pay federal income taxes as KeySpan does, which could lower rates. A committee that recommended the purchase found that LIPA would be more likely than KeySpan to sell the plants, which could increase competition. If two-thirds of the Board approves the purchase by the deadline of May 27, the state Public Authorities Control Board would also need to give its approval. That agency tracks debt levels for public benefit corporations, of which LIPA is one.
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