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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

GRDA Holds Groundbreaking Ceremony for Combined Cycle Project at Grand River Energy Center in Oklahoma

LCG, January 27, 2015-The Grand River Dam Authority (GRDA) held the groundbreaking ceremony on January 23 for its combined cycle project at the Grand River Energy Center in Chouteau, Oklahoma. The 495-MW, gas-fired generation project is estimated to cost $297 million and is scheduled for completion in early 2017.

The new combined cycle project will utilize the Mitsubishi Hitachi Power Systems Americas (MHPSA) J-Series gas turbine, and the installation of this MHPSA J-series will be the first in the nation. In January 2014, GRDA selected MHPSA to supply the M501J (328-MW) gas turbine, an SRT-50 (167-MW) steam turbine, and a generator to be supplied by Mitsubishi Electric Corporation.

The Grand River Energy Center, located approximately 35 miles east of Tulsa, currently includes two coal-fired units that were installed in the 1980s. GRDA plans to install new emissions control equipment on Unit 2. A number of options are under consideration for Unit 1, including: retiring the unit in 2016, installing emission controls, or converting the unit to burn natural gas, rather than coal.

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