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News
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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.
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LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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Industry News
PG&E Executes Contract with NextEra for 250 MW of Solar Power
LCG, October 26, 2009--Pacific Gas and Electric Company (PG&E) yesterday announced a new power purchase agreement (PPA) with NextEra Energy Resources, LLC, a subsidiary of FPL Group, for solar power from the proposed Genesis Solar Energy Project, a 250-MW facility to be built in Riverside County, California. Construction on the project is scheduled to commence in late 2010, with operations planned to begin approximately 30 months later.
The Genesis Project will include two, 125-MW units that will incorporate parabolic trough solar thermal technology. Over 500,000 parabolic mirrors will be assembled in rows to reflect and focus the sun's energy in order to produce steam that powers a steam turbine generator. The mirrors will be located on an approximately 1,800-acre site in the Sonoran Desert between Center and Blythe. NextEra Energy Resources has operated for many years a similar solar facility, the SEGS solar facilities located in the Mojave Desert.
The PPA is subject to approval by the California Public Utilities Commission (CPUC). In addition, NextEra Energy Resources filed in August an Application for Certification with the California Energy Commission (CEC) to construct, own and operate the project. NextEra Energy Resources also filed for a right-of-way grant with the Bureau of Land Management (BLM) for this project.
California passed a Renewable Portfolio Standard (RPS) Program that requires utilities like PG&E to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year. Last month, the Governor signed an Executive Order that increased the requirement to 33 percent by 2020 and that now applies to all utilities, including publicly-owned municipal utilities.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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