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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

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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.

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Industry News

House May Require DOE Comment on Standard Market Design

LCG, Sep. 9, 2002--The Secretary of Energy, Spencer Abraham, would be required to file a report on the possible effects of implementing the Federal Energy Regulatory Commission's "standard market design" rules, according to a bill passed by the U.S. House Appropriations Committee.

The bill would need to be passed as part of a larger $26 billion energy and water spending bill before both the House and Senate. Among the subject areas the committee is interested in are regional wholesale and retail electricity prices, tarrif oversight by state utility commissions, transmission reliability and infrastucture enhancement.

"Standard market design" is scheduled to apply to all market regions, which would operate under a unified network tariff by Sep. 30, 2003. FERC intends the rules to bring about lower costs and greater access for competing suppliers, while some utility commissions and state governors have objected to loss of ratemaking authority and possible subsidization of infrastructure development by regions not receiving benefits. The report sought by the committee bill would need to be filed 90 days prior to the market rules' finalization.
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