EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

FERC Approves Vistra's Plan to Acquire Nearly 2,600 MW of Gas-fired Power Plants

LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.

Read more

Industry News

FERC Raises Western Price Cap

LCG, July 12, 2002--Yesterday the Federal Energy Regulatory Commission raised the maximum price for wholesale electricity by 65 percent.

Citing the risk of supply disruptions, FERC has increased the price cap in the West from $55.26 per megawatt hour to $91.87.

FERC is concerned that the $55.26 price cap will leave power generators unable to sell electricity at a price that complies with the production cost. FERC contends that the increased cap is in the consumers' interest and will result in reduced risk of summer blackouts.

The California Independent System Operator limited the price cap on Tuesday to $55.26 using complex analysis related to peak prices during shortages. On Wednesday, a stage 2 emergency was called in California, as unusually hot weather reduced energy reserves to less than 5 percent. FERC increased the cap yesterday to return it to the $91.87 level amid fears that the low cap would discourage companies from selling electricity to California.

In any case, the specific amount allotted price caps has limited significance, since FERC insists that the Western price cap will expire September 30.

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