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

FERC Extends New York ISO Price Cap

LCG, Oct. 25, 2001--The Federal Energy Regulatory Commission yesterday approved a request by the New York Independent System Operator for an extension of a price cap of $1,000 per megawatt hour for wholesale electricity bids handled by the ISO.

NY-ISO had asked the federal regulators to extend through April 30 of next year the prices caps which went into effect in July, 1999. If, as expected, power supplies in New York City and on Long Island appear to be marginal as next summer approaches, the ISO may ask for another extension.

Under those circumstances, it is likely that the price controls will remain in effect until the new, 11-state Northeast Regional Transmission Organization is operational.

In its order, FERC said it believed its decision "will promote price certainty and market participants' confidence in the New York ISO-administered markets, which will increase supply, improve reliability and ... lower energy prices."

The Northeast Regional Transmission Organization is one of four super-RTOs FERC wants to create to replace the smaller independent system operators and other organizations that have sprung up since electric industry restructuring took hold about five years ago.

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