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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

Residential Fuel Cell Powers NY Home

LCG, April 18, 2002-Business and government joined forces today to bring fuel cell technology to a single-family home in New York state.

New York State Energy Research and Development Authority (NYSERDA), National Fuel Gas Company, ATSI Engineering Services, Integrated Building and Construction Solutions, the U.S. Department of Energy (DOE) and Plug Power came together to exhibit the system in Lewiston, New York.

NYSERDA and National Fuel Gas Distribution are behind two fuel cell projects. The Lewiston home and a second home in Colden, New York will receive their power from their own Plug Power 5 kilowatt grid-parallel fuel systems.

Plug Power plans to retrieve the natural gas fuel cell systems for analysis after one year of operation. The DOE has funded monitoring equipment, installed in the homes by Integrated Building and Construction Solutions.

Fuel cells exploit the energy produced by the creation of water. Hydrogen and oxygen combine, yielding electric power and water, without combustion. Operation of fuel cells is therefore very clean and environmentally sound. However, hydrogen can be dangerous to store and is very flammable, and the gaseous atoms are derived from sources at some environmental and energetic cost. Hydrogen can be obtained from, among other things, natural gas, gasoline, and electrolysis of water.

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