EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

Read more

Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.

Read more

Industry News

Minnesota Nuclear Plant Relicensing in Doubt

LCG, Mar. 12, 2003--The Prairie Island nuclear plant owned by utility Xcel Energy Inc. may have a chance to continue operating beyond 2007 if a bill now circulating in the Minnesota legislature allows storage of nuclear waste at the plant site to be increased.

The bill is not seen as having strong support at present, but would be essential if the Prairie Island plant is to avoid being decommissioned. On-site storage limits are a condition of receving a license, and present increases in storage needs would lead to the limit being reached in 2007, according to XCel. Xcel had planned to replace a steam turbine at Unit 1 in 2004, but will not proceed without assurances that the 1,100-megawatt plant has a future.

Were Prairie Island to be forced to shut down, Xcel has talked to two power suppliers about alternative means of obtaining energy. Thus far, it has revealed it could sign a contract with Calpine for output from two plants of roughly 550 megawatts each, one gas-fired and the other coal-fired. The current uncertainty over storage adequacy increased following the denial of a license to a private company wishing to store waste on a Native American reservation in Utah.
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