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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 Gets Okay for 135 Megawatts Near San Jose

LCG, May 23, 2001Calpine Corp. yesterday received California approval for a new 135 megawatt peaking power plant the company intends to build just south of San Jose. The three-unit, gas-fueled facility will begin operation by next summer, the company said.

Following completion of the plant, to be located in the garlic capital of Gilroy, Calpine will add three more combustion turbines on the site, doubling the plants capacity to 270 megawatts. Calpine already owns a 131 megawatt cogeneration plant at Gilroy Foods.

For Gilroy, and neighboring Morgan Hill, the new plant will provide a customer for about a million gallons a day of treated wastewater from the communities' jointly-owned South County Wastewater Authority reclamation facility.

To Jay Baksa, city administrator of Gilroy, getting paid for the wastewater offers benefits of "enormous potential." Without the sale, the Authority would have to acquire land and build percolating ponds for the water. What they will get is income instead of expense.

Calpine, which typically makes "community benefit" investments in cities where it locates power plants, is in discussions with Gilroy officials about what the company can do to help out.

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