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

Taiwan Cabinet Decides Against Nuclear Plant

LCG, Oct. 27, 2000--The cabinet of Taiwan Premier Chang Chun-hsiung has decided to halt construction of the island's controversial fourth nuclear power plant but that decision may not spell the end of the $5.5 billion project.

President Chen Shui-bian, a Democrat-Progressive who was elected in March, said at the time that the 2,700 megawatt nuclear plant, now one-third complete, would be "re-evaluated." The opposition Nationalist Party, which dominates the Taiwan parliament, has said it would withhold its support for the federal budget if the nuclear plant was scrapped.

Earlier this month, former Premier Tang Fei, a leader of the Nationalist Party, resigned over government failure to support the power plant, and was replaced by Premier Chang Chun-hsiung.

Shortly before Premier Chang spoke to reporters this morning, President Chen met with Lien Chan, chairman of the Nationalist Party in an attempt to iron out differences that frustrated government initiatives. The nuclear plant was only one of the issues discussed.

When Premier Chang addressed a news conference this morning, he said "We must make a rational, responsible and conscientious choice for the sake of Taiwan's posterity. We must halt construction of the fourth nuclear power plant."

Though Nationalists in the previous administration had said in support of the plant that it was essential to avoid future power shortages, Premier Chang said that the island had plenty of power for at least the next seven years. Even so, he said, the government would encourage the development of conventional power plants.

Premier Chang seems to have bought some of the anti-nuke arguments of advocacy groups. He said nuclear waste disposal, which he called "a difficult problem that cannot be solved for ten thousand years," was one of the reasons the cabinet decided to scuttle the project.

He also said Taiwan was not prepared to cope with an accident at a nuclear power plant and vowed to make his country a nuclear-free island..

The government said it would honor contracts with suppliers, which include General Electric Co. of the U.S. and Mitsubishi Heavy Industries of Japan.

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