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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

Ohio Okays 550 Megawatter, Two Other Upgrades

LCG, Feb. 13, 2001The Ohio Power Siting Board said yesterday it has approved construction of a new 550 megawatt power plant and 45 megawatt expansions of two existing plants.

The new facility will be built by subsidiaries of Dominion Resources Inc. of Virginia and will be located near Dresden, Ohio. The natural gas-fueled plant will consist of two 172 megawatt gas turbine generators and a single steam generator of 250 megawatts.

The Dresden plant will be fueled through an existing natural gas pipeline that lies about 150 from the edge of the preferred site. Power will be delivered to the Ohio grid through a substation about two-thirds of a mile away. The company expects the plant to cost around $258 million.

In other action yesterday, the Siting Board authorized PG&E Dispersed Generating Co. to build 45 megawatt at each of two existing plants. Each expansion will consist of a 15 megawatt gas turbine and a 30 megawatt gas turbine. The cost of each project is expected to be $14 million.

Since May 1999, the Siting Board has approved a total of 5,665 megawatts of new generation in Ohio, of which 1,230 megawatts are already on line. The Board is also reviewing applications foranother 8,016 megawatts of generation capacity.

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