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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

Geothermal Project Nears Full Operations

LCG, March 13, 2009--Raser Technologies Inc. plans to start delivering 7 MW of electricity next week from its new geothermal facility in Utah to the City of Anaheim, California. The plant output is expected to increase shortly up to 10 or 11 MW.

The power plant facility constructed in southwestern Utah. The system is designed for relatively small temperature differentials, which increases the potential locations that can be developed across the country.

Water is heated by geothermal energy underground, and the energy is transferred to a refrigerant, with the water reinjected underground. The facility uses an organic Rankine cycle-based power system with refrigerant, rather than steam, to generate power in a closed system that has essentially no emissions.

The facility uses 50 modular units provided by UTC Power, a division of United Technologies Corp. The facility was constructed in just over a year.
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