EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Peak Energy Announces First Grid-Scale, Sodium-Ion Battery Energy Storage System in the U.S.

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.

Read more

TVA Presents Third Quarter Fiscal Year 2025 Financial Results

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.

Read more

Industry News

Calpine Acquires Combustion Turbine Firm

LCG, Dec. 20, 2000--Calpine Corp. took a step yesterday in providing support for its growing fleet of combustion turbines by acquiring Boca Raton, Fla.-based Power Systems Mfg. LLC, a firm engaged in combustion turbine component engineering, design and manufacturing.

Calpine said it had agreed to pay $43 million for Power Systems, $10.7 million in Calpine stock and $32.2 million in cash which will be paid in five equal installments beginning January 2002. The cash payments may be modified if Power Systems doesn't perform as expected.

Tom Mason, Calpine's executive vice president for operations, said the acquisition will "significantly strengthen" his company's ability to operate and maintain its fleet of combustion turbines. He pointed out that "Over the next few years, Calpine will become the owner and operator of the world's largest fleet of natural gas-fired power plants."

Power Systems specializes in the design and manufacturing of turbine hot section blades, vanes, combustors and low emissions combustion components, and Thomas Churbuck, its president, said those capabilities "are an excellent match for Calpine's North American energy initiative."

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