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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

NRG Buys, Will Expand, Delaware Cogen Plant

LCG, Aug. 28, 2000--NRG Energy Inc. said on Friday that its NRG Thermal Corp. subsidiary has purchased a cogeneration facility located in Dover, Del., from Statoil Energy Inc. and has changed the facilitys name to NRG Energy Center Dover.

NRG also said it would expand the 18 megawatt power output of the coal-fired plant by adding 88 megawatts of peaking power in the form of natural gas-fueled gas turbines operating in simple cycle. That power will be sold during periods of high demand into the regional wholesale market.

Heretofore, the Energy Center has produced 190,000 pounds of steam per hour as well as electricity for a Dover manufacturer.

"We are pleased to help our current steam customer remain a strong manufacturing plant in a highly competitive market," said Michael R. Carroll, president of NRG Thermal.

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