EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

Read more

Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

Read more

Industry News

Power Project Developers Cutting Back, WSJ Says

LCG, Jan. 4, 2002--Sliding wholesale electricity prices are causing developers of power plants to rethink their plans and many are cutting back on projects already under development, the Wall Street Journal reported this morning.

Another factor in the cutback is the recent harsh treatment of corporate debt levels by credit rating agencies and the effect credit downgrades has had on the market capitalization of some power producers.

According to the Wall Street, a research group found that about 18 percent of announced projects will not be completed. Energy Insight, a Colorado-based unit of McGraw-Hill Cos., said that 91,139 megawatts of new generation, out of a total announced 503,780 megawatts, had been scrapped or delayed by the end of last year.

According to the paper, Energy Insight's conclusions are based on company releases and may understate marketplace conditions.

Mirant Corp., Dynegy Inc. and El Paso Corp. have all said they would trim their power project plans for 2002 and Calpine Corp. will make a similar announcement later this month, the Wall Street said.

More optimistic voices have said the decline in wholesale power prices is at least partially due to a sluggish national economy and delaying power projects now will only result in another power shortage in a few years.

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