EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

Read more

Qcells and Nofar USA Sign Agreement to Develop Energy Storage Projects in Texas

LCG, March 26, 2025--Qcells USA Corp. (Qcells), a wholly owned subsidiary of Hanwha Qcells, and Nofar USA (Nofar), a wholly owned subsidiary of Nofar Energy, recently announced a signed agreement to cooperate on the development and construction of two energy storage projects in Texas. The projects have a combined capacity of 350 MW with a 2-hour duration (700 MWh).

Read more

Industry News

Mirant to Buy TransCanada's Gas Marketing Unit

LCG, Oct. 12, 2001--Atlanta-based power producer Mirant Corp. said yesterday that it has agreed to buy the gas marketing business of TransCanada Pipelines Ltd. for an undisclosed sum. The deal will propel Mirant into the number two slot among north American gas marketers.

Mirant has agreed to acquire TransCanada's trading and marketing business and related natural gas storage and transportation contracts, along with its so-called "netback pool," which markets supply from 550 Canadian producers.

The sale takes TransCanada out of the marketing and trading end of the energy business. The company has sold $3.3 billion in Canadian money ($2.1 billion U.S.) worth of assets over the past two years in order to focus on its pipeline and electric generation businesses in North America.

Mirant said the deal would make it Canada's largest gas marketer in addition to giving it the number two spot in North America.

The companies expect to close the transaction by the end of this year, pending regulatory, producer and customer approvals.

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