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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

Construction Complete on Mount Signal Solar Project in Southern California

LCG, May 22, 2014-Abengoa announced yesterday that it has completed construction of Mount Signal Solar, a 206 MW solar photovoltaic (PV) plant located approximately 100 miles east of San Diego, California. The power generated by the new solar facility is under a power purchase agreement (PPA) with San Diego Gas & Electric Company (SDG&E). The project developer is Silver Ridge Power (formerly AES Solar).

The Mount Signal Solar project was completed in 16 months. Abengoa was responsible for the engineering, construction and commissioning of the plant for Silver Ridge Power. The project foot print covers 801 hectares and includes over three million PV modules that rotate on a north-south axis tracking the path of the sun. Abengoa will not retain an interest in the constructed assets.

The California Renewable Portfolio Standard (RPS) sets targets for utilities at 25 percent of retail sales by December 31, 2016 increasing to 33 percent of retail sales by December 31, 2020. The additional renewable power delivered to SDG&E from the Mount Signal Solar facility will help the utility achieve its growing requirement to deliver renewable energy to its customers.
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