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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

NRG Completes Construction Milestone on 250-MW Solar Project in California (Correction)

LCG, June 28, 2013--NRG Energy, Inc. announced that it completed installation of the final photovoltaic (PV) panel at its 250-MW California Valley Solar Ranch (CVSR) on Wednesday. Construction commenced in September 2011, and the project began its first phase of operation last year. The project is scheduled to be fully completed by October. The power generated by the solar PV arrays is purchased by Pacific Gas and Electric (PG&E) under a 25-year power purchase agreement (PPA).

California Valley Solar Ranch is located in eastern San Luis Obispo County. The project was originally designed and constructed by SunPower and Bechtel. The project employs the SunPower T0 Tracker system that tracks the sun? movement during the day in order to increase energy capture relative to conventional, fixed-tilt systems. NRG states that California Valley Solar Ranch will be the world? largest solar PV plant using tracker technology.

California passed a Renewable Portfolio Standard (RPS) that requires utilities to increase their electric supply procurement of eligible renewable generating resources, including a target requirement of 33 percent in 2020. The completion of California Valley Solar Ranch is a positive step for PG&E in achieving this target.
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