EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Brookfield and Google Sign Nationwide Hydro Framework Agreement to Deliver up to 3,000 MW of Carbon-Free Hydro Power

LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation

Read more

The Frontier Group of Companies Announces Plans to Convert Retired 2.7-GW Coal-fired Plant into 3.6-GW Natural Gas-fired Facility in Pennsylvania

LCG, July 15, 2025--The Frontier Group of Companies (“FGC”), owner and developer of the 660-acre Shippingport Industrial Park in Pennsylvania, today announced that it will convert the former coal-fired Bruce Mansfield Power Plant, which was closed in 2019, into a significantly larger, state-of-the-art, natural gas-fired power generation facility with greater on-site generation capacity. FGC has also secured a partner to build a co-located data center facility to support America’s demand for AI infrastructure.

Read more

Industry News

Mexican Firm Gets California Power Contract

LCG, Dec. 11, 2001--The California Department of Water Resources said yesterday it had signed a long-term power contract with Intercom Energy, a Mexican company that is planning to build a power plant in the northern part of the state.

Oscar Hidalgo, a spokesman for the water agency, said "They are looking to actually put steel in the ground in northern California. We are obviously intrigued by that because of the need for peak time energy in northern California."

The contract with Intercom is for 200 megawatts for two years at an average price of $45 per megawatt-hour. That price compares very favorably with about $43 billion in long term contracts negotiated last spring at an average of about $69 per megawatt-hour.

But those earlier contracts were negotiated when the state thought it was facing years of rolling blackouts because of an insuffiency of supply and soaring prices on the volatile wholesale electricity spot market.

The commissioning of new power plants is taking care of the supply problem and prices on the spot market are currently about $25 per megawatt-hour.

The state has been attempting without much success to get power producers to renegotiate those earlier contracts but Hidalgo said that the Bonneville Power Administration, the federal utility based in Portland, Ore., had agreed to reduce to price of power on an 18 megawatt contract that runs through the end of next year from $55 per megawatt-hour to $29 per megawatt-hour.

Hidalgo noted that the Bonneville contract, unlike those with independent power producers, had a clause permitting termination without giving any reason.

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