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

AES Proposes 500 Megawatt Long Island Plant

LCG, Sept. 28, 2000AES Corp. has approached Riverhead Town on Long Island with a proposal to build a 500 megawatt natural gas-fired power plant on 15 acres of a 50-acre site it would purchase on the edge of an industrial park, Newsday reported this morning.

"We're trying to bring competition here," said Harry Davitian, vice president of the AES subsidiary that operates the company's power plants in the Northeast. Davitian said the proposed plant could provide about one-tenth of the Island's electrical needs.

Riverhead is at the head of Great Peconic Bay, the inlet that give outer Long Island its swallow tail effect, and is on the fringe of the area called "The Hamptons."

Davitian said that the proposed Riverhead plant would provide electricity and steam to tenants of the industrial park and sell electricity in the regional wholesale power market. Joey MacLellan, executive assistant to the Riverhead town supervisor, told Newsday that "(The plant) would provide low-cost energy to the industrial park."

Newsday noted that several new power plants have been proposed for Long Island, including two in Yaphank that would be of 580 megawatts and 750 megawatts and another in Kings Park that would generate 300 megawatts.

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