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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

FirstEnergy Announces Plans to Convert Plant from Burning Coal to Biomass

LCG, April 3, 2009--FirstEnergy Corp. announced Wednesday its plan to convert two coal-fired units to burn biomass for power generation at the R.E. Burger Plant in Ohio. The conversion plan stems from a Consent Decree related to FirstEnergy's 2005 New Source Review settlement that allows the power plant to burn coal only through the end of the year 2012.

The plan targets converting units 4 and 5 to burn biomass. The combined output of the two units is estimated to be 312 MW when the repowering is complete, which is consistent with the current capacity. The estimated capital cost for retrofitting the units is $200 million.

The R.E. Burger Plant will be one of the largest biomass facilities in the United States. FirstEnergy has a biomass supply agreement with Renewafuel LLC that relies upon dry, biomass briquettes. Typically, biomass facilities use green, woody biomass, which contains roughly 50% moisture, as a fuel. Renewafuel's supply plans include the use of fast-growing trees, like poplars and cottonwoods, as an energy crop.

Last year, the State of Ohio approved legislation that requires 25 percent of Ohio's energy be supplied from advanced and renewable energy sources by 2025.
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