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Qcells and Nofar USA Sign Agreement to Develop Energy Storage Projects in Texas

LCG, March 26, 2025--Qcells USA Corp. (Qcells), a wholly owned subsidiary of Hanwha Qcells, and Nofar USA (Nofar), a wholly owned subsidiary of Nofar Energy, recently announced a signed agreement to cooperate on the development and construction of two energy storage projects in Texas. The projects have a combined capacity of 350 MW with a 2-hour duration (700 MWh).

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SPP Receives FERC Approval to be First RTO Operating in Both Eastern and Western Interconnections

LCG, March 205, 2025--The Southwest Power Pool (SPP) today announced it will soon be the first regional transmission organization (RTO) in the nation to provide full services in both the Eastern and Western Interconnections of the U.S. power grid. On March 20, the Federal Energy Regulatory Commission (FERC) unanimously approved Southwest Power Pool’s amended tariff that includes provisions that enable Western members to join the RTO. The expansion of the SPP RTO is scheduled to go live April 1, 2026.

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Industry News

Federal Prosecutors Say El Paso Calls Show Conspiracy

LCG, Jan. 13, 2002--During a court hearing today, an Assistant U.S. Attorney, John Lewis, said that the Justice Department has evidence of attempts by the natural gas pipeline owner El Paso Corp. to manipulate the natural gas market during the past two years.

A spokeswoman for El Paso, Norma Dunn, said that the company's ethics would not allow false reporting of price data. The company, which has been cooperating with prosecutors in the U.S. Attorney's Houston office, said that it had uncovered evidence of more false reporting in addition to what it had previously disclosed. El Paso Corp. has maintained that those involved are no longer with the company, which is ending its trading operations.

Charges were brought by prosecutors against Todd Geiger, a former trader for El Paso, in December, for submitting false trades to an industry publication. The publisher of the publication Inside FERC Gas Market Report, Platts, is a subsidiary of McGraw-Hill Cos. Platts said that it did not incorporate the prices reported by Geiger into its indexes, because they fell outside the range of other reported trades. It has not yet made a statement on what happened in the case of other reported trades.

Much of the government's evidence is provided by the substance of 130 to 140 recorded phone calls between traders, which were provided by El Paso on Friday. U.S. District Judge Nancy Atlas today scheduled March 24 as the trial date for Mr. Geiger.
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