EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

Read more

Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

Read more

Industry News

LADWP Trader Conversations Subject of Investigation

LCG, June 28, 2002--The Los Angeles Department of Water and Power may have been involved in transactions similar to a type described in Enron memos as "ricochet," which type would involve power being sold outside California, then bought back per an agreement with the original buyer.

Hearings held by a California senate committee yesterday focused on transcripts of conversations between traders with the LADWP; the California Independent System Operator; the energy marketer Constellation; and the PG&E National Energy Group. Larry Drivon, an attorney with Sen. Joe Dunn's investigative committee, was quoted in the Sacramento Bee as asserting, "The net effect of this transaction was to take megawatts sold in Southern California at $50 to $75 a megawatt-hour and ... turn those into megawatts which were returned to California at what we believe was $250 a megawatt-hour."

The hearing covered one point in a conversation in November, 2000, which a trader for the LADWP apparently reacted negatively to another trader's having given more information to the ISO about a transaction than the LADWP trader thought necessary. The transaction was one in which the same power was bought and sold several times, with the final price five times the original sale price.

An e-mail written by a trader with PG&E cautioned the recipient to "beware of ricochets" involving the LADWP.

LADWP's manager of wholesale trading, Mark Ward, said at the hearing that within LADWP, "ricochet" was different from Enron's definition, because power stayed within California. The Senate has held off on confirming David S. Freeman, the then-head of the LADWP, as the chairman of the state Public Power Authority pending further inquiry.
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