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

North Korea Agrees to Joint Survey of Power Needs

LCG, Jan. 2, 2001South Korean officials could cross the demilitarized zone later this month to inspect the electric power resources of North Korea as the result of three days of high-level talks between the two countries aimed at opening up economic cooperation.

As the meetings concluded Saturday in Pyongyang, the two sides agreed to hold another meeting, possibly as soon as this week, to set up a joint field survey to investigate North Korea's power infrastructure.

Last week's talks, held at the deputy minister level, were an outgrowth of and earlier ministerial exchange. North Korea made it plain that its request for electricity was the most important item on last week's agenda, including the possibility of importing South Korean power into the North.

For its part, South Korea was plumping for economic cooperation that would tie the two countries closer together. The South wanted to talk about a cross-border railroad and highway, an industrial park near the border and a dam, also near the border.

Reclusive North Korea sees to possibility of allowing South Koreans to investigate its power situation as a significant adjustment on its part. Pak Chang Ryon, the North's chief negotiator, was quoted in the South Korean press as saying "We have made big concessions this time, and we expect equal concessions from the South when we meet again in Seoul."

Representatives of both countries said the content of last week's discussion would be released early this month. But even as the talks were in progress, it was apparent that North Korea was avid in its quest for electricity. Even in the capital city of Pyongyang, some buildings are without power.

It is winter in Korea, and it is probably 20 degrees below zero, or colder, in a lot of places.

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