EnergyOnline

PRESS RELEASE

LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook.

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Winter Storm Event Decimates Texas Power Supply

******** February 19, 2021 update--The Electric Reliability Council of Texas (ERCOT) expects to come out of emergency conditions later this morning, the wholesale electricity prices is back to pre emergency level. ******** LCG, February 18, 2021-–Extreme winter weather swept across the central and southern states over the week beginning Feb 8, bringing record low temperatures and heavy snow.

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2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO

LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).

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COVID-19: Analysis of Resource Adequacy in ERCOT - July - December 2020

LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.

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NEWS

High-Performance Solar Module Manufacturing Facility Coming Soon to Arizona

LCG, December 27, 2021--Meyer Burger Technology AG announced today that it will establish a production site for high-performance solar modules in Goodyear, Arizona. The initial annual production capacity is expected to be 400 MW by the end of 2022, with the potential to scale to 1.5 GW capacity in the future.

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OUC's Board Of Commissioners Approves Retirement of Coal Unit 1 and Conversion of Coal Unit 2 to Natural Gas at Stanton Energy Center

LCG, December 16, 2021--OUC (Orlando Utilities Commission) yesterday formally approved the retirement of Stanton Energy Center's (SEC) Unit 1 by no later than 2025 and the conversion of SEC's Unit 2 to natural gas by no later than 2027.

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President's New Executive Order Directs the Federal Government to Achieve Net Zero by 2050

LCG, December 10, 2021--The White House announced a new executive order designed to leverage the federal government’s scale and procurement power to make the federal government carbon neutral by 2050 and thereby reduce climate change.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $18.71
MISO $54.68
NYISO $158.72
NEISO $84.25
CAISO $23.1
PJM $57
Load (Actuals)
ERCOT 33490 MW
MISO 95882 MW
NYISO 19691 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

Texas Solar Project Sold to CIP

NorthRenew Energy achieved financial close for TG East Wind Project

ERCOT reviewed Frio County Transmission Project



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