EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

Read more

New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

Read more

Industry News

Trans-Alta Sells Transmission Business for $560 Million

LCG, July 6, 2001Trans-Alta Corp. has agreed to sell its power transmission business for $850 million ($560 million U.S.) to a consortium of companies led by SNC-Lavalin Inc. and the Ontario Teachers' Pension Plan Board, Canada's National Post reported yesterday.

The sale was the final step in Trans-Alta's shift to electric generation and marketing. "It was challenging," said chief executive Steve Snyder. "This is it, in terms of the core restructuring."

The company, headquartered in Calgary, Alberta, said it had sold about $2 billion ($1.3 billion U.S.) in assets during the past two years and would spend up to $1.5 billion ($1 billion U.S.) per year over five years expanding its generation capacity.

The purchasing group, known as Alta-Link also includes Trans-Elect Inc., a new U.S.-based independent power transmission company that is keen to add additional transmission capacity to the North American power grid, and Macquarie North America Ltd., an Australian-owned investment bank.

Trans-Elect will operate the lines and own 10 percent of the business. The teachers pension fund will assume all the involved debt and own 25 percent, SNC will own 50 percent of the business and Macquarie North America, about 15 percent.

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