EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

Read more

Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

Read more

Industry News

Enron's Portland General Sale on the Rocks

LCG, March 26, 2001The agreement by Sierra Pacific Resources to purchase Portland General Electric Co. from Enron Corp. for around $2 billion plus assumption of about $1 billion in debt appears to have fallen victim to the deteriorating state of the Western U.S. electric industry.

When the agreement was announced in November 1999, the companies expected to wrap up the transaction in about six months. But, by the middle of the year 2000, the financial picture of the power industry in the West was rapidly changing.

That change was made apparent to almost everybody when wholesale market prices for electricity were passed through undiluted to the retail customers of San Diego Gas & Electric Co., who saw their electric bills double in just one month from May to June 2000.

Sierra Pacific, which owns Nevada's two electric utilities, said increased costs for power as well as power plant fuel caused it to spend $889 million more in 2000 that it had planned to part with, producing a loss for the year of $39.8 million, or 51 cents per share.

Then, Nevada regulators, looking across the Sierra Nevada Mountains, became aware that much of the problem in California was caused by an insufficiency of power supply and ordered Sierra Pacific not to sell any more of its generating assets. The proceeds of those sales were counted on to help pay for Portland General Electric.

On Friday, Jeffrey Skilling, Enron's chief executive, said there is only a "5 percent probability" that the sale of Portland General Electric to Sierra Pacific will be consummated. He added that Enron was "not in a particular rush" to sell the Oregon utility, though there were higher-profit places the proceeds of such a sale could be put to work.

Copyright © 2026 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