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

Progress Energy Subsidiaries to Take Its Name

LCG, Oct. 2, 2002--Two major Southeastern utilities that are part of Progress Energy, Florida Power and Carolina Power & Light (CP&L), will no longer use their currently recognized names starting next year.

Progress Energy originated when Carolina Power & Light acquired Florida Progress, the parent of Florida Power. Since the merger, each utility has retained its existing name. "Using one name will avoid the additional expense and complexity of supporting multiple brands and maximze the imapct and effectiveness of our communications efforts. We also believe a single brand name will help unify our employees and culture and reinforce the message that we are one company," stated William Cavanaugh, chairman and CEO of Progress Energy.

Customers of each subsidiary will still see the name of their respective utility on bills until March 2003, while the Progress Energy name begins to appear in place of the other names on equipment and in public venues. Other subsidiaries belonging to Progress Energy in non-regulated markets include Progress Ventures and Progress Fuels. While the former is involved in merchant energy generation, marketing and trading, the latter is in the business of fuel extraction.
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