EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Google and AES Sign Agreements for Co-Located Generation and Data Center in Texas

LCG, February 24, 2026--The AES Corporation (AES) and Google today announced agreements for clean power generation that will be co-located with a new Google data center in Wilbarger County, Texas. The agreements include a 20-year Power Purchase Agreements (PPA) for co-located power generation. These coordinated energy projects and powered land will enable Google to rapidly expand its operations to meet demand for core services, while AES will expand its power generation portfolio.

Read more

Amazon Announces Plans to Invest $12 Billion in Data Center Campuses in Louisiana

LCG, February 23, 2026--Amazon today announced plans to invest $12 billion to develop and construct state-of-the-art data center campuses in northwest Louisiana that will support cloud computing technologies. Amazon is partnering with STACK Infrastructure, the developer and owner of the campuses, to lead the construction and development of the data center facilities. Amazon has already invested in solar energy projects in Louisiana, bringing up to 200 MW of new carbon-free energy onto the grid.

Read more

Industry News

AES to Acquire 600 Megawatt South Africa Plant

LCG, Nov. 9, 2001--AES Corp. said this morning that it and a minority partner, Global African Power, Ltd., have entered into agreements to purchase a 50 percent interest the 600 megawatt coal-fired Kelvin Power Station in the Republic of South Africa for $23 million.

AES said it will own 95 percent of the joint venture that is buying the plant, with GAP having an option to increase its ownership to 13 percent over five years.

The plant, which is located on the outskirts of Johannesburg, will sell it's entire output to City Power Johannesburg Pty Ltd, the distribution company for the City of Johannesburg, under the terms of a 20 year power purchase agreement.

The joint venture is buying the plant from the City of Johannesburg's municipal utility, which will retain a 50 percent interest.

In addition to the purchase price, AES has committed to invest about $15 million in capital to modernize the plant, including pollution control upgrades, and expects to spend another $11 million for worker transition costs over the first three years of operation.

John Stanley-Miller, AES project director, said "This is a good business for AES as we have a 20 year power purchase agreement with a fixed capacity payment, hedged against exchange rate risk and a pass-through on the energy cost. The structure of the contract means that AES does not take either heat rate or fuel price risk".

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