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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
California DWR May Void Sempra Contract, It Says
LCG, Apr. 4, 2002--The California Department of Water Resources has said it may void a $7 billion contract with Sempra Energy because Sempra has not built a 300-megawatt power plant.According to the DWR spokesman Oscar Hidalgo, Sempra had promised to build the Elk Hills power plant near Bakersfield as part of its deal with the state signed last year. The contract sets the price at which DWR buys power at $160 per megawatt-hour, whereas spot prices are now typically at $30.Sempra has said that it is proceeding with construction on a more efficient plant than was originally planned at Elk Hills as well as new plants in Mexico and Arizona, but that the contract had not included a requirement concerning Elk Hills. The new Elk Hills plant should be operational by next year. For the moment, Sempra intends to buy power on the open market as DWR traders do, and resell it to DWR. Sempra cites the cost of building a plant as being greater than simply buying power.The DWR's energy traders insist that "commercially reasonable" progress must be made on Elk Hills within 60 days if they are to honor the contract. Traders with the DWR have cancelled a much smaller, $35 million contract with Soledad Energy because of deliveries of only 20 to 30 percent of the 13 megawatts purchased.
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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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