EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

Read more

Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

Read more

Industry News

No Rate Hike in PG&E Reorganization Plan

LCG, Sept. 21, 2001--Pacific Gas & Electric Co. filed a reorganization plan yesterday in U.S. Bankruptcy Court in San Francisco that the company said would allow it to pay its creditors in full without raising customer rates.

The plan drew fire from a leading California lawmaker who said it was simply a way for the utility to escape state regulation by transferring its assets to a federally regulated subsidiary.

"This is utility executives acting out their wildest fantasies about deregulation," said Fred Keeley, a Boulder Creek Democrat and the state Assembly's point man on energy.

Under the plan, the utility would split from its parent company, PG&E Corp., and form three new companies into which it would transfer its generating and electric and gas transmission assets.

Robert D. Glynn Jr., chief executive of PG&E's parent holding company PG&E Corp. and chairman of PG&E, said the utility could pay its creditors "without asking for a rate increase or a state bailout."

One of the three new companies would own the utility's natural gas transmission assets, another its hydroelectric generating stations and the Diablo Canyon nuclear power plant and the third its electric power transmission system. All three would be subsidiaries of PG&E Corp. and not subject to regulation by the California Public Utilities Commission.

By escaping CPUC regulation, the assets could be used at full value as collateral for borrowing money. As it is, regulators allow only a portion of the assets' value to be used as collateral.

The utility Pacific Gas & Electric Co. would be spun off by PG&E Corp. and become an entirely separate company, with its own stock.

Keeley said the plan was a good reason why the legislature should continue trying to pass a rescue package for Southern California Edison Co. to keep the state's second-largest utility from bankruptcy court, where flawed plans such as PG&E's are hatched.

According to PG&E, the plan would allow it to pay in full the $13.2 billion it owes to creditors. All creditors owed less than $100,000 would be paid in full and in cash immediately upon the reorganization plan becoming effective, which the company said could be by the end of next year.

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