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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

Calpine Plans 850 Megawatt Energy Center for Ohio

LCG, Oct. 24, 2000--Calpine Corp. said yesterday that it has entered into a projectdevelopment agreement to build, own and operate an 850 megawatt natural gas-fired electricitygenerating facility to be located on the Ohio River in Hamilton Township, Ohio.

The proposed Lawrence Energy Center would cost about $510 million and begin commercial operation in 2004. Preliminary development efforts had been started by a Boston-based company which agreed to work with Calpine as the project moves forward.

Bob Alff, a Calpine senior vice president, said "The Lawrence Energy Center reinforces Calpine'spresence in the East Central Area Reliability Council power market and offers the ability to movepower into to a variety of adjacent NERC regions as well."

He added, "The site offers excellent access to high-capacity electric transmission interconnections and a variety of options for natural gas transportation, which will help us optimize both power sales opportunities and cost-effective fuel procurement."

The new facility will use three natural gas-fire combustion turbines in combined cycle with a single steam turbine to produce 850 megawatts of baseload power and will be capable of cranking out 1,000 megawatts during periods of peak demand.

Calpine said it will manage all aspects of project development for the Lawrence Energy Center, including engineering and design, construction, fuel supply, operations and power marketing. The project will interconnect with American Electric Power Co. through AEP's Hanging Rock substation.

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