News
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.
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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.
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Industry News
SCE Signs Contracts for 831 MW of Solar PV Capacity
LCG, January 11, 2011--Southern California Edison (SCE) has signed power purchase agreements (PPAs) with Fotowatio Renewable Ventures Inc. (FRV) and SunPower Corp. for a total of 831 MW of electric generating capacity. The PPAs cover seven, solar PV projects located in Southern California that are scheduled to commence operations over a period spanning from late 2013 through late 2016. The PPAs must still be approved by the California Public Utilities Commission (CPUC).
SCE's Vice President of Renewable and Alternative Power stated in FRV's press release, "Utility-scale solar is an important element in reaching California renewable energy goals....FRV will help SCE continue to be the largest purchaser of solar power in the United States and we're delighted to contract with FRV on these projects."
SCE executed three PPAs, totaling 711 MW, with SunPower. The associated projects are: Solar Star California XIII LLC, a 110-MW project sited in Los Banos, with a target to be operational by December 31, 2014; Solar Star California XIX LLC, a 325-MW project sited in Rosamond, with a target to be operational by October 31, 2016; and Solar Star California XX LLC, a 276-MW project sited in Rosamond, with a target to be operational by October 31, 2016.
SCE's four PPA's with FRV have a total generating capacity of 120 MW. The largest project with FRV is Regulus Solar LP, a 60-MW project sited in Lamont, with a target to be operational by December 31, 2013. The other three projects each have a 20-MW capacity; Cygnus Solar LP, sited in Arvin, is targeted to be operational by September 30, 2013; Mojave Solar LP, sited in Mojave, is targeted to be operational by December 31, 2013; and Mojave Solar 4 LP, sited in Lancaster, is targeted to be operational by December 31, 2013.
California's Renewables Portfolio Standard (RPS), originated in 2002, requires electric utilities to serve a growing percentage of sales with eligible renewable-energy resources. The RPS requirement now grows annually to 33% of retail sales by 2020.
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The Locational Marginal Price Model (LMP) Network Power Model
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