EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Equinix to Install Bloom Energy Fuel Cells at 12 North American Data Centers

LCG, August 18, 2017--Equinix, Inc., Wednesday announced the signing of a 15-year Power Purchase Agreement (PPA) between a subsidiary of Southern Company, PowerSecure, and Equinix in which Bloom Energy fuel cells will be installed at 12 International Business ExchangeTM (IBX®) data centers in the U.S. The project is financed through Southern Company and demonstrates a strategic partnership between Bloom Energy and Southern Company to support on-site fuel cell solutions.

Read more

Oklahoma's Attorney General May Hinder Development of 2,000-MW Wind Catcher Project

LCG, August 17, 2017--The Attorney General of Oklahoma's public utility division filed a motion last Friday calling for the Oklahoma Corporation Commission to dismiss a preapproval case for Public Service Company of Oklahoma?s Wind Catcher project, a planned 2,000-MW wind farm than includes construction of an approximately 350-mile, dedicated, extra-high voltage electric transmission line to deliver the renewable energy to customers.

Read more

Industry News

Dynegy Announces New Agreements to Sell Three Generating Assets

LCG, July 14, 2017--Dynegy Inc. (Dynegy) announced Tuesday that it has reached agreement to sell three of its generating plants for approximately $300 million.

Dynegy reached an agreement to sell its Lee Energy Facility, a 625 MW gas-fired peaking plant located in Illinois and operating in the PJM ComEd region to an affiliate of Rockland Capital. Dynegy will receive $180 million in cash and avoid the incremental capital investment necessary to convert the plant to dual fuel status in order to meet PJM capacity performance obligations.

Dynegy also signed a purchase and sales agreement with Starwood Energy Group Global for two assets totaling $119 million. The two intermediate gas-fired plants are located in Dighton and Milford, Massachusetts and operate in ISO-NE. The two plants have a combined electric generating capacity of 310 MW. The 171-MW Milford plant was one of the generating assets acquired from ENGIE?s United States portfolio in February of this year.

The agreement fulfills the mitigation plan approved by the Federal Energy Regulatory Commission (FERC) regarding Dynegy?s purchase of ENGIE?s US-based asset portfolio. In its December 22, 2016 order, FERC found competitive concerns with respect to the capacity markets in the ComEd Locational Delivery Area (LDA) in PJM and the Southeastern New England (SENE) capacity zone in ISO-NE. Dynegy submitted a mitigation plan to address FERC?s concerns that called for an agreement to sell capacity in SENE within six months of closing.

On Monday, Dynegy announced that it had finalized the sale of two other generating facilities to LS Power for $480 million in cash. Combined with the new transactions, a total of approximately $780 million in aggregate sales proceeds will be used by Dynegy primarily for debt reduction.

The assets sold to LS Power are the Armstrong and Troy Energy Facilities, located in Pennsylvania and Ohio respectively. These facilities operate in PJM and are dual-fueled peaking units. These two facilities were also acquired as part of the ENGIE portfolio acquisition.
Copyright © 2017 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Monthly summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service