EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

Read more

NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

Read more

Industry News

Fund Could Offset Energy Price Spikes in Edmonton

LCG, Feb. 6, 2002--Alberta's Revenue Minister said that representatives at a Future Summit Meeting discussed setting aside funds to be used when Alberta energy prices increase.

The minister, Greg Melchin, said that the existing Heritage Fund, created in 1976 to accumulate surplus energy revenues, could be used to make sure that other budgetary priorities are not impacted by high energy prices. It would also assist in maintaining reliable electric service, said Melchin.

The government did not approve similar proposals made in prior years, but the idea was revived during the two-day Future Summit's coverage of fiscal matters. A report by the Institute of Chartered Accountants of Alberta suggested that Alberta's remaining debt could be paid off with $6 billion, and that $3.5 billion could be used for the stabilization fund. The value of the Heritage Fund currently stands at $12 billion, and would receive additional funds from surplus revenues when they occurred.

While the conference proceedings suggested that support exists for countering boom-and-bust energy prices' effects, Melchin said that the province would need to "bring clarity" concerning Heritage Fund transactions.
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