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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 California's Sunrise Power Plant

LCG, Dec. 12, 2000--The Edison Mission Energy unit of Edison International Inc. started construction yesterday on its Sunrise power plant in the badlands west of Bakersfield, Calif. The company learned last Thursday that the California Energy Commission had given it permission to proceed with a "temporary" first phase of the plant.

It had taken the state power plant licensing agency two years to decide that a power plant would be okay in the middle of the 74-square-mile Elk Hills Oil and Gas Field.

Edison Mission Energy said the new facility "will bring both short- and long-term generation capacity to the state, which is in dire need of new power generation."

The Energy Commission approval is good only for two years, during which Sunrise will operate as a simple-cycle peaking plant. When the license expires on Dec. 31, 2002, the plant will have to either shut down or get a new license to operate as a combined-cycle facility or a cogenerator. Edison plans to keep the plant operating.

The Sunrise Power Project will be completed in two phases. Phase 1 will consist of a 320 megawatt, simple-cycle peaking facility scheduled to be in service during the summer 2001. Phase 2 willconvert the peaking facility to a 560 megawatts, combined-cycle operation with an in-service date ofsummer 2003.

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