EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

Read more

VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

Read more

Industry News

Mirant Corporation Files for Bankruptcy Protection

LCG, July 15, 2003Facing an $1.1 billion payment, Mirant Corp. filed for bankruptcy protection late yesterday.

The Atlanta-based company filed its petition in U.S. Bankruptcy Court in Fort Worth, Texas, and has roughly $20.6 billion in assets and $11.4 billion in debt. The company said it had $1.17 billion in cash as of July 11 and has acquired a commitment for $500 million in debtor-in-possession financing.

According to Marce Fuller, Mirant president and chief executive officer, slow market conditions and a failure to obtain the timely support of [Mirants] key lenders, contributed to the decision to seek protection. The company lost $2.4 billion last year, and auditors found $188 million in overstated income. Allegations of market manipulation have also hurt the company.

Mirant is canceling its offer to exchange 2.5 percent convertible debentures due 2021 and its 7.4 percent senior notes due 2004, and Mirant Americas Generation LLC is terminating its offer to exchange 7.625 percent senior notes due 2006.

Mirant owns power generation and natural gas assets, as well as energy risk management and marketing capabilities.

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