News
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.
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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.
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Industry News
Financing Obtained for Calpine's 600-MW Russell City Energy Center
LCG, June 28, 2011--Calpine Corporation announced yesterday that they have an $844.5 million credit facility to finance construction of the 619-MW, combined-cycle Russell City Energy Center. A Calpine affiliate owns 75% of Russell City and a GE Energy Financial Services affiliate owns the balance.
The new project finance facility includes a construction loan that will convert to a 10-year term loan when commercial operations commence. Construction started at the site in Hayward, California, and commercial operations are scheduled to commence in mid-2013. A ten-year, power purchase agreement (PPA) for the output from the plant is in place with Pacific Gas and Electric Company (PG&E), and PG&E will provide natural gas to the plant.
Calpine's President and Chief Executive Officer stated, "This financing marks an important milestone in our effort to bring much-needed electric power supply to California's Bay Area, allowing us to complete the construction of a modern, flexible, highly efficient, clean and low-carbon energy resource."
The Russell City Energy Center project began in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. In September 2007, the California Energy Commission (CEC) approved the natural gas-fired power plant project.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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