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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

Southern California Edison Announces New Agreement with SunPower

LCG, March 17, 2010--Southern California Edison (SCE) announced yesterday that it awarded a contract to SunPower Corp. to provide solar photovoltaic (PV) systems for up to 200 MW of capacity in order to meet the solar capacity needed for the utility?s solar PV program.

SCE plans to construct, own and operate 250 MW of solar generating capacity over the next five years. The strategy is to install solar PV systems as large as 2 MW of electric generating capacity on leased, warehouse rooftops and to connect the systems into the local distribution grid.

SCE will purchase the non-penetrating, SunPower T5 Solar Roof Tile system. According to SunPower, the T5 Roof Tile system integrates a frame and mounting system with SunPower's high-performance, 96-cell solar panels, including the recently announced SunPower 315 Solar Panel.

In a related event last Friday, the California Public Utilities Commission (CPUC) approved the use of tradable renewable energy credits purchased from renewable energy generators, including those located outside California, for use in the California Renewables Portfolio Standard (RPS) program. Previously, utilities were required to procure electricity bundled with renewable energy credits (RECs) from electric generating facilities.

With the recent decision by the CPUC and the new agreement with SunPower, SCE is better positioned to meet or exceed California's RPS program requirement to purchase 20 percent of their retail sales from renewable energy sources this year.
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