EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

Read more

Puget Sound Energy Starts Construction on 142-MW Appaloosa Solar Project in Washington

LCG, September 4, 2025--Puget Sound Energy (PSE) announced yesterday that phased construction has commenced on its 142-MW Appaloosa Solar Project, a utility-scale solar facility underway in southeastern Washington. The project is being built by Qcells EPC, who will serve as the module manufacturer and the engineering, procurement, and construction (EPC) solution provider. Construction is scheduled through 2026, and commercial operation is expected at the end of next year.

Read more

Industry News

Petroleum Reserve Purchases Should Be Put on Hold, Senate Resolution States

LCG, Mar. 15, 2004--High gasoline prices have prompted a number of Senators to advocate that further purchases of oil for the purpose of adding to the national Strategic Petroleum Reserve be put on hold, a step that the Bush administration has resisted taking.

Similar calls were made by former Vice President Gore when he campaigned against then-Governor Bush for the presidency, although he had earlier called such use of the Reserve vulnerable to further supply cuts by foreign oil producers. At the time, Treasury Secretary Lawrence Summers and Federal Reserve Chairman Alan Greenspan advised that a Gore proposal to allow purchases from the Reserve by domestic oil companies was not a good use of the SPR, which was created following the oil embargo of the 1970's.

Just as he was during the presidential campaign, President Bush has remained opposed to lowering the requirements for holdings of oil in the Reserve, and his administration has no plans for putting purchases on hold. Currently, the level of the reserve, made up of crude oil stored among four sites in Texas and Louisiana, stands at 643 million barrels, out of a possible 700 million barrels at its maximum possible level.

A nonbinding resolution passed by the Senate would prevent the federal government from making purchases until October 2005. Top House Republicans are reportedly opposed to the measure. The Department of Energy has stated the the reserve "should be used only for protection against oil supply disruptions, not to manipulate price." Its sponsors, Sen. Susan Collins, R-Me., and Sen. Carl Levin, D-Mich., have said that allowing oil to enter the marketplace rather than being added to the SPR could bring gasoline prices down by 10 to 25 cents per gallon.

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