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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

Siemens Energy to Provide Hydrogen-Capable Gas Turbines to OPPD

LCG, June 18, 2021--Siemens Energy announced yesterday that Siemens Energy will provide two F-Class turbines to power Omaha Public Power District's (OPPD) new Turtle Creek Station Peaking Plant in Papillion, Nebraska. The simple cycle turbine facility will be used to modernize back up generation in OPPD's fleet and generate only as needed to provide resilient and reliable power that complements renewable resources to serve OPPD's customers. The new facility is expected to be operational in late spring of 2023.

The two SGT6-5000F turbines will offer fuel flexibility aligned to reduce CO2 emissions. The turbines will be able to use up to 30 percent hydrogen and biodiesel in support of future technology advancements. The turbines also offer a fast start time and low emissions, as well as help to rapidly stabilize transmissions system to adjust for the variable output of growing solar generation.

The Turtle Creek Station is part of OPPD's "Power with Purpose" project that aims to provide affordable, reliable, and environmentally sensitive energy services to customers. This involves developing up to 600 MW of utility-scale solar projects and up to 600 MW of modernized replacement and backup natural gas generation resources. The Turtle Creek Station will be a significant step towards the achieving the backup natural gas resources.

Siemens Energy has set an ambitious target to have all its new gas turbines (the SGT6-5000F included) capable of burning 100 percent hydrogen on or before the end of 2030. Advancements in combustion turbines to use hydrogen (produced with no CO2 emissions) blended into the fuel mix can support efforts to reduce carbon emissions in the electric sector.

The president of Siemens Energy North America stated, "We are proud OPPD selected our F-Class Turbines to complement their utility-scale renewable energy generation projects. As we look to decarbonize energy systems for the future, it is important to be able to increasingly integrate clean burning fuels like hydrogen into our power plants as well, and the Turtle Creek Station is a great example of how we can provide great value to the community by offering reliable and efficient power with a reduced environmental footprint."
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