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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 Starts on 70-MW Solar Farm in Tennessee

LCG, March 29, 2022--The Tennessee Valley Authority (TVA), Meta (formerly Facebook), Jackson Energy Authority (JEA) and Silicon Ranch broke ground on the 70-MW McKellar Solar Farm in Madison County, Tennessee. The project, originally announced in August 2020, will support Meta’s regional operations with renewable energy. Construction of the solar facility is scheduled to be completed before the end of 2022, with interconnection to the TVA grid facilitated by the JEA distribution system.

The McKellar Solar Farm is part of TVA’s Green Invest program, which helps customers such as Meta meet their long-term sustainability goals with new utility-scale solar projects located within the Valley.

Silicon Ranch will fund, own, operate and maintain the McKellar Solar Farm. A wholly-owned Silicon Ranch subsidiary, SR EPC, is the primary contractor for the project. SR EPC engaged PCL Construction as the subcontractor for the PV plant and EPC Services Company as the subcontractor for the substation.

The co-founder and CEO of Silicon Ranch stated, “At Silicon Ranch, we believe that solar projects can create enduring value and deliver a meaningful legacy for communities, and we thank TVA, Meta, JEA and the Jackson Chamber for making this significant investment in Madison County possible. Silicon Ranch has been proud to partner with Meta to supply renewable energy to its data center operations in Georgia, and we’re honored to support Meta’s operations right here in the Tennessee Valley.”

The President and CEO of Jackson Energy Authority stated, “This solar farm is the largest project to date in JEA’s service territory, reflecting our commitment to providing sustainable, reliable, and affordable power in the Tennessee Valley. We are proud to partner with Meta, TVA and Silicon Ranch to supply carbon-free solar power for many years to come.”

“We are thrilled to be partnering with TVA and Silicon Ranch to bring this new solar facility to the grid in support of our operations in the Tennessee Valley,” said the head of renewable energy at Meta. “The more than 850 MW of new solar energy we are developing with TVA is an important part of our goal to support our global operations with 100 percent renewable energy. We thank our partners Silicon Ranch and TVA for sharing our commitment to have a positive impact on the communities where we locate.”
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