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News
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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.
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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.
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Industry News
Nevada Power Says High-Priced Power Could Boost Rates
LCG, Mar. 5, 2002--The first day of a series of rate filing hearings by Nevada Power Co., the utility, elicited a note of caution on a possible additional 15 percent rate increase request.The 15 percent would be in addition to an increase included in the filing being considered, which the utility says is based on the need to recover fuel and wholesale power costs paid last summer. The possible 15 percent rate request disclosed by senior vice president Steve Oldham would be needed, he said, if power purchase contracts that spread costs over time cannot be obtained. The energy costs already incurred total $922 million, and would be spread over three years, beginning April 1. If approved, the increase in the filing plus the impact of non-energy expenses would amount to a 23 percent boost in rates.At the hearing, which took place Monday, Oldham noted that he was optimistic about the possibility of signing longer-term contracts, before more costly contracts were necessary at a later date. If a request for a one-year increase is made, it would take place with the next energy rate case, on Dec. 1.Nevada Power last month requested unsuccessfully that the payback period for the $922 million be extended to six years, rather than the three years required by state law. Part of that cost would be made up of a 9.66 interest charge on the unpaid balance, which the company has justified as being necessary to provide sufficient return of capital to shareholders in the utility.According to Dennis Schiffel, chief financial officer of the company, the rating services Moodys and Standard & Poors are considering a downgrade of the utilitys debt below investment grade. This would trigger an increase in borrowing costs.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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