EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

Read more

Google Sign 396 MW PPA with Fervo Energy for Geothermal Power

LCG, September 3, 2026--Fervo Energy earlier this week announced a 396-MW power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, located in southwest Utah. Under the agreement, Google will purchase carbon-free, 24/7 electricity designed to serve as a foundational building block for a potential data center in Utah. The facility is expected to come online in 2028.

Read more

Industry News

Senate Retreats on Renewables Requirement

LCG, Apr. 25, 2002--The Senate yesterday voted for an amendment to a bill requiring utilities to buy renewable energy credits, cutting in half the price cap on payments utilities could make in place of mandated renewable energy purchases.

The bill, co-authored by Senate Energy and Natural Resources Committee Chairman Jeff Bingaman, D-N.M., allows utilities to buy renewable credits towards requirements for a minimum level of renewable purchases and generation provided to customers. By 2019, 10 percent of utilities' sales would be required to be renewable. The amendment, sponsored by Don Nickles, R-Okla., sets the cap at 1.5 cents per kilowatt-hour, rather than 3 cents per kilowatt-hour.

The cap was intended to limit the possibility of utilities having to pay high prices for renewable credits in lieu of high renewable costs. Nickles, who had the support of a range of business groups, called the amendment a correction to an "assault on ratepayers." Bingaman said the effect of the amendment would "make it much less likely that renewables other than wind...would be used to any significant degree. States relying on biomass, geothermal and solar would be in trouble." Renewable generation accounts for approximately 2% of the power market in the U.S., excluding hydropower.

Sen. Harry Reid, D-Nev., a supporter of the renewables requirement, thought that many utilities would decide to opt for buying the credits rather than renewable energy. A Senate vote on a comprehensive energy bill is expected today.
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