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

First Energy Sells Aussie GasNet via IPO

LCG, Dec. 14, 2001--First Energy Corp. said yesterday that it has completed the initial public offering of its GasNet subsidiary in Australia, which was acquired through the company's merger with the former GPU, Inc. which was completed last month.

First Energy said the sale will immediately reduce its consolidated debt by $290 million of GasNet-related debt. Additionally, $125 million of net proceeds from the sale will be used to reduce debt, primarily at First Energy's electric utility operating companies in the United States.

"The sale of GasNet supports First Energy's business strategy of continuing to divest non-core businesses, increasing our financial flexibility through the reduction of debt, and focusing on our integrated approach to meeting the energy needs of retail customers in our targeted operating region," said Richard H. Marsh, senior vice president and chief financial officer.

GasNet, which is headquartered in the Australian state of Victoria, owns and operates 1,200 miles of high-pressure gas transmission pipeline networks, which serve about 1.4 million residential customers and some 43,000 industrial and commercial users throughout Victoria.

GasNet chief executive Christine O'Reilly said, "We are delighted with the very strong support shown by both retail and institutional investors. We look forward to beginning this exciting new phase of the business and delivering value to our new unitholders."

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