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

Allegheny Alleges Merrill Lynch Made Wash Trades

LCG, September 26, 2002-Yesterday Allegheny Energy announced a lawsuit against Merrill Lynch, alleging the investment bank made wash trades to increase trading volume.

Allegheny bought Merrill Lynch's energy trading unit, Global Energy Markets (GEM), for $490 million. Now the energy company asserts that the investment bank participated in "wash trades," with energy companies like Enron, resulting in falsely large trading volumes and therefore a manipulated picture of how well GEM performed.

Allegheny's lawsuit was filed one day after Merrill Lynch announced that it would file suit against Allegheny for $115 million in delinquent payment for the trading unit.

Allegheny's lawsuit was filed with the Supreme Court of New York.

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