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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

Portland General Electric and Daimler Trucks North America Announce "Electric Island" Charging Station

LCG, December 2, 2020--Portland General Electric (PGE) and Daimler Trucks North America (DTNA) yesterday announced the co-development of a large public charging site for medium- and heavy-duty electric commercial vehicles. The site, "Electric Island," is under construction now near DTNA headquarters in Portland and is designed to support up to nine vehicle charging stations with charging levels of over one MW by spring of 2021. The project is expected to help accelerate the development, testing and deployment of zero emissions (tank to wheel) commercial vehicles.

Electric Island will provide DTNA, PGE and the public the opportunity to charge light-, medium-, and heavy-duty vehicles. Plans for more chargers, on-site energy storage, solar power generation, and a product and technology showcase building are currently being finalized.

Experience gained from using vehicle chargers featuring power delivery over one MW (over four times faster than the current fastest light-duty vehicle chargers) is expected to support PGE and DTNA to develop best practices for cost-effective future deployments. Additional benefits include exploring the integration of heavy-duty charging technology into PGE's Smart Grid (e.g., vehicle-to-grid technologies, second-life use of Daimler's battery packs, and onsite energy generation). The project will also support testing information technology opportunities like fleet and energy management by captive solutions and services.

The president and CEO of DTNA stated, "In cooperation with PGE, and with the plan to expand electric vehicle charging right here in Portland to support not only our EV charging needs, but those of other drivers in the area, we are paving the way to a brighter, cleaner CO2-neutral future. As the largest manufacturer of commercial vehicles, we can accelerate this shift and are excited to address, holistically, the complete EV ecosystem. Daimler Trucks has made Portland our home for the past 73 years and having been born and raised in Oregon, I am incredibly proud to help make Swan Island an Electric Island."

The president and CEO of PGE said, "Oregon's transportation future is electric, and with global leaders like Daimler Trucks North America right here in Portland, we have the opportunity to accelerate a clean energy transition. We are excited to launch this cutting-edge partnership with DTNA, demonstrating what is possible when utilities and the automotive industry collaborate and innovate."

PGE is one of the electric utilities that sponsored the The West Coast Clean Transit Corridor Initiative, a study commissioned by a collaboration among nine electric utilities and two agencies representing more than two dozen municipal utilities. The report, released in June 2020, studied how to facilitate the planning of electric charging sites for trucks along the entire length of Interstate 5 (I-5), a heavily traveled route that begins at the US-Mexico border and travels north along the West Coast (through Portland) to the US-Canada border. The study recommended adding electric vehicle charging for freight haulers and delivery trucks at 50-mile intervals along Interstate 5 and adjoining highways.
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