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News
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LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.
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LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.
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Industry News
EIA Presents Analysis of California's Solar and Wind Power Curtailment Challenges
LCG, May 29, 2025--The U.S. Energy Information Administration (EIA) released an analysis yesterday showing that the California Independent System Operator (CAISO), the grid operator for most of the state, is increasing its curtailment of the rapidly growing solar- and wind-powered generation facilities in order to balance electricity supply and demand, which is necessary to maintain a stable electric system.
Intermittent solar- and wind-powered generation capacity has increased dramatically in California, which in turn has increased the challenge of balancing supply and demand. In 2014, a combined 9.7 GW of wind and solar photovoltaic capacity was installed. At the end of 2024, the installed capacity in California had nearly tripled to 28.2 GW.
In 2024, CAISO curtailed 3.4 million MWh of utility-scale wind and solar output, which is a 29 percent increase from the prior year curtailments. Solar accounted for 93 percent of all the energy curtailed in CAISO in 2024.
According to the EIA analysis, the curtailments of wind and solar output is primarily driven by oversupply, i.e., when generation output exceeds customer electricity demand. The solar curtailments occurred mostly in the spring, when solar output was relatively high and electricity demand was relatively low, given moderate spring temperatures and less demand for space heating or air conditioning.
The EIA's analysis states that solar energy supplies almost half of CAISO's electricity demand between the hours of 8:00 a.m. and 4:00 p.m. However, demand increases in the later evening hours when people come home from work and turn up air conditioners or electric heaters and turn on lights, ovens, computers, and televisions. This increase in demand and need for non-solar power supplies is especially apparent on hot summer evenings after the sun has set and no longer produces solar power overnight.
According to EIA, CAISO is trying to reduce curtailments in several ways: (i) trading with neighboring balancing authorities to try to sell excess solar and wind power, (ii) incorporating battery storage into ancillary services, energy, and capacity markets, and (iii) including curtailment reduction in transmission planning. In addition, this year companies are planning to use excess renewable energy to make hydrogen, some of which will be stored and mixed with natural gas for summer generation at the Intermountain Power Project's new facility that is scheduled to come online in July.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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