EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

Read more

TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

Read more

Industry News

Reliant Energy to Change Name, Split

LCG, Dec. 18, 2001--Reliant Energy Inc. said yesterday that it would change its name to Center Point Energy as part of a plan to split itself into two companies. The name change comes less than three years after "Reliant Energy" replaced "Houston Industries" as the company's name.

It is getting harder and harder to associate companies' names with bricks and mortar.

Since Houston Industries was formed as the holding company for Houston Lighting & Power Co., a regulated utility, and for other non-regulated activities, the company has operated as two separate businesses.

The new scheme will make it official. Under a plan approved by shareholders yesterday, Center Point Energy will become a holding company that will replace Reliant Energy on the New York Stock Exchange. It will own a regulated utility also called Center Point and an unregulated energy company called Reliant Resources.

It is uncertain how long the new setup will last. Reliant spokeswoman Sandy Fruhman said "We view the formation of Center Point as an interim step," but did not say on the way to what.

The split of the company is tied to electric deregulation in Texas, according to Reliant chief executive Steve Letbetter. "Both Center Point Energy and Reliant Resources will include sizable and well-established business operations," he said. "However, regulated energy delivery is very different from competitive energy services, and each represents a distinct type of investment."

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