EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

Read more

DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

Read more

Industry News

Southern Power Acquires Controlling Interest in Texas Solar PV Project

LCG, December 1, 2015-Southern Company subsidiary Southern Power yesterday announced the acquisition of a controlling interest in the 157-MW Roserock solar photovoltaic (PV) facility from Recurrent Energy, a subsidiary of Canadian Solar. Recurrent Energy, the project developer, will retain the remaining interest. The project is currently under construction and scheduled to commence commercial operation in the fourth quarter of next year. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a 20-year power purchase agreement (PPA) to Austin Energy.

Southern Power will acquire 51% of the equity in the Roserock project. Canadian Solar will retain 49% ownership and contribute its share of the investment required to complete the construction of the project, which Canadian Solar has financed through a construction and back-leveraged loan facility with a syndicate of five banks.

The Roserock solar project is located in west Texas on 1,300 acres of land in Pecos County. The solar PV facility will use approximately 700,000 Canadian Solar CS6X-P PV solar modules that will be mounted on single axis trackers, which will increase the daily energy produced by each module.

Southern Power's 20th solar acquisition, the Roserock solar facility, builds on Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts. Southern Power's President and CEO stated, "Southern Power's first solar project in Texas helps further the company's robust wholesale business and further expands our solar footprint. With strategic acquisitions nationally, the continued development of industry-leading assets aligns with our company's low-risk strategy and enhances one of America's largest renewable portfolios."

Canadian Solar Inc. Chairman and CEO stated, "Cost-competitive, large-scale solar power has enormous potential in Texas. The Roserock project and Recurrent Energy's solar project pipeline in the state are each important steps forward as Texas approaches the more than 13 gigawatts (GW) of solar that has been forecasted across the state."
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