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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

Nevada Power's Chuck Lenzie Generating Station Begins Generating Power

LCG, February 1, 2006--The Nevada Power Company, a subsidiary of Sierra Pacific Resources, announced yesterday that the first, 580-MW, electric generating plant at the Chuck Lenzie Generating Station has commenced commercial operations ahead of schedule. The second plant is scheduled to begin generating power to the grid prior to this coming summer.

The new, gas-fired, Chuck Lenzie Generating Station is located about 20 miles northeast of Las Vegas in the Moapa Valley. The station consists of two, 580-MW, combined cycle plants and receives gas from the Kern River Pipeline.

The facility, formerly known as the Moapa Power Plant, was purchased from Duke Energy Corporation in October 2004, when the project was about 50% complete. In an order related to the plant, the Public Utilities Commission of Nevada (PUCN) allowed for an additional one percent rate of return incentive for timely completion of the plant. Specifically, the plant's two units were to be on line by March 31, 2006, and June 30, 2006.

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