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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Calpine to Develop 500 Megawatt Louisiana Plant

LCG, Jan. 29, 2001Calpine Corp. said Friday it had acquired from Cogentrix Corp. of North Carolina the development rights for a 500 megawatt merchant power plant to be built near Bogalusa, La.

Construction of the $300 million Washington Parish Energy Center is expected to being "shortly," Calpine said, and commercial operation is penciled in for mid-2002.

Diana Naylor Knox, a senior vice president of Calpine, said "We view Louisiana as a growth market, and this acquisition solidifies Calpine's position in the Louisiana wholesale market as well as the Southeastern Electricity Reliability Council."

Calpine said the plant will use two natural gas combustion turbines in combined cycle with a single steam turbine to produce 490 megawatts of base load power and will have the ability to ramp up to 577 megawatts during periods of peak demand.

Calpine said it will manage all aspects of project development including engineering and design, construction, fuel supply, operations and power marketing. The facility is expected to contribute more than $40 million in property taxes to Washington Parish over the life of the plant.

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