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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

GE Energy Ships Advanced Gas Turbine for Installation in California

LCG, September 27, 2006--GE Energy announced yesterday that it has successfully completed testing on its first 7H gas turbine and that the state-of-the-art unit is in route to California, where it will be installed at the Inland Empire Energy Center, near Riverside.

The advanced new turbine is one of two units to be installed at the Inland Empire Energy Center, a 775-MW, project located near the unincorporated community of Romoland in Riverside County, California. The California Energy Commission (CEC) granted the license in June 2005, and the project is scheduled to commence operations by the summer of 2008.

The project will be the first site in North America to use GE's new, H System technology that is designed to achieve a thermal efficiency of 60 percent. Like other combined-cycle designs, the H System uses gas turbine exhausts to generate steam that drives another turbine for additional power generation. However, the H System uses steam rather than air to cool the turbines, which allows the system to operate at higher temperatures and results in greater efficiency, using about 3 percent less fuel.

The first GE H System unit was installed in Baglan Bay, Wales, began operation in September 2003, and recently surpassed 17,000 operating hours.

GE will finance and own the energy center, and Calpine will manage plant construction, market plant generation and manage fuel requirements under a long-term agreement. Calpine plans to purchase the facility from GE and become sole owner and operator after an extended period.


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