EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

EPA Announces Proposed Rule Action to Revise ELG's and Support Reliable, Affordable Coal-fired Power Plants

LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.

Read more

DOE Awards $94 Million to Eight American Companies to Accelerate SMR Deployments and Develop Supply Chain

LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.

Read more

Industry News

Progress and Southern Close Another Deal

LCG, October 4, 2006--Progress Energy announced yesterday that the
Georgia Public Service Commission certified Progress Energy's power
purchase agreements (PPAs) to sell 1,039 MW of peaking resources in three tolling contracts to Georgia Power, a subsidiary of Southern Company.

The three PPAs have 15-year terms, beginning June 1, 2009, and are associated with existing electric generating stations located in Georgia. The three stations are comprised of gas-fired, combustion turbine units. Following a lengthy RFP process, the PPAs were executed by Progress Ventures subsidiaries Washington County Power, LLC (302 MW), Walton County
Power, LLC (436 MW) and MPC Generating, LLC (301 MW).

Progress Energy stated that the new tolling agreements are part of its strategy to reduce its risk profile and that the agreements will produce more than $500 million in revenue over the term of the contracts.

The PPAs expand the transactions between Progress Energy and Southern Company. In July, Southern announced that it executed a long-term PPA with Progress Ventures that calls for Southern to provide approximately 621 MW of wholesale electricity to Progress Ventures from 2009 through 2015. For this PPA, the electricity is to be generated by a new, combined-cycle power unit to be built at Plant Franklin, located in Smiths, Alabama. Plant Franklin is owned by Southern's unregulated subsidiary, Southern Power.

In September, Southern Company announced that it has closed on the purchase from Progress Energy of the Rowan County Energy Complex in North Carolina. The gas-fired, electric generating station has a total generating capacity of 925 MW. Earlier this year, Southern Company closed on the purchase of the DeSoto County Energy Complex in Florida, which includes two 160-MW gas-fired units, from Progress Energy.
Copyright © 2026 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