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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

Virginia City Hybrid Energy Center Achieves Major Project Milestone

LCG, November 16, 2011--Dominion Virginia Power, a subsidiary of Dominion, announced that it started one of two boilers last Thursday at its Virginia City Hybrid Energy Center in Southwest Virginia. Construction on the 585-MW, baseload power project began in June 2008, and the facility is scheduled to commence commercial operations by next summer.

"First fire is a major milestone for the Virginia City project and signifies a shift from construction to a station focused on excellent operations," stated the chief executive officer of Dominion Generation, which operates power plants for Dominion Virginia Power.

The Virginia City Hybrid Energy Center includes two circulating fluidized bed (CFB) boilers designed to burn coal, waste coal and up to approximately 20 percent biomass (wood chips). The estimated cost of the project is $1.8 billion.

A condition of its air emissions permit is that Dominion will convert the oldest-coal burning power station in its fleet from coal to natural-gas, which will result in significant net reductions in various air emissions, including carbon-dioxide.

Dominion has made a commitment to have 15 percent of its electricity come from renewable sources by 2025.
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