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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

PG&E Announces Massive Solar Power Plan

LCG, March 14, 2009--Pacific Gas and Electric Company (PG&E) announced yesterday that it plans to purchase 1,310 MW of solar thermal power from BrightSource Energy, Inc. The new agreement includes seven projects and supersedes an earlier agreement for up to 900 MW of solar power made in April 2008.

BrightSource Energy uses a solar thermal design that employs thousands of mirrors that track the sun and reflect the light to a boiler raised on a tower. The concentrated energy creates superheated steam, which is piped to a traditional steam turbine - generator set.

The initial project is the Ivanpah Solar Power Complex, located approximately 50 miles northwest of Needles, California in the Mojave Desert. Construction on the 110-MW solar facility is scheduled to commence late this year, given timely receipt of regulatory approval, with commencement of operations in 2012.
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