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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.

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Industry News

UTC Receives Innovation Award for Geothermal Power Technology

LCG, June 20, 2008--UTC Power, a subsidiary of United Technologies Corporation, received the National Energy Resources Organization's (NERO) annual Innovation Award for its PureCycle geothermal system, which uses low-temperature geothermal energy from hot water to generate electricity.

The PureCycle system is designed for relatively small temperature differentials and uses an organic Rankine cycle-based power system with refrigerant rather than steam to generate power in a closed system that has essentially no emissions.

Since 2006, the PureCycle geothermal system has operated using a 165 degree F geothermal source at Chena Hot Springs Resort in Alaska as a U.S. Department of Energy Geothermal Technologies demonstration project. The ability to utilize low temperature differentials expands the potential locations where geothermal energy may be exploited.

NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.
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