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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

FERC Releases Market Plan

LCG, August 5, 2002-The Federal Energy Regulatory Commission released its far-reaching, nationally uniform plan to reorganize the wholesale electricity market.

FERC's 600-page document, detailing its Standard Market Design, will await public comment for 75 days.

The plan instates more rules governing the U.S. deregulated electricity industry. It is centered on the implementation of homogeneous rules applied to the whole country and seeks to apply successful deregulated market practices found in world markets into its own regulations.

While the plan refers to effective deregulation in Mid-Atlantic states and New York, some regulators in Western States feel that deregulation failed in their areas and that increased federal control of the market will only amount to further woe.

New rules include charging purchasers for creating congestion in transmission, a cost previously absorbed by utility customers.

The plan also attacks congestion by providing for better allocation of transmission resources, such as location of lines, plants, and substations.

Court decisions made this year have verified FERC's authority in taking more control of the market. Other government agencies found FERC to be ineffective in its market control.
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