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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 Builds Momentum for Bay Area Power Plant

LCG, January 9, 2007--Calpine Corporation (Calpine) announced Friday that it has executed a ten-year tolling agreement with Pacific Gas & Electric Co. (PG&E) for the Russell City Energy Center, a proposed 600-MW, electric generating station to be built near Hayward, California. Calpine plans to commence construction of the gas-fired facility by spring 2008, with commercial operations to start by June 2010.

The Russell City Energy Center was proposed in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. Now the energy outlook has changed, and California's demand for electricity is growing.

Calpine sold a 35 percent equity interest in the plant to General Electric Energy Financial Services in the fall of last year, with Calpine retaining 65 percent ownership.






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