EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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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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Industry News

BP Solar Closes PV Manufacturing Operations in Maryland

LCG, March 31, 2010--BP Solar announced late last week that it will stop casting, wafering and cell manufacturing of silicon cells at its production facility in Frederick, Maryland. Although unit costs had been reduced nearly in half, lower market prices for solar photovoltaic cells have reduced margins.

BP Solar plans to continue to operate in the Unites States; however, solar cell production will occur through lower cost joint ventures and regional supply partners.

The CEO of BP Solar stated, "Solar prices declined between 40% and 50% since the onset of the financial and economic crisis, compressing industry margins and driving solar power towards grid competitive pricing. By shifting our supply to a high quality, low cost supply base to serve both distribution customers and large scale projects, we have strengthened our position as a provider of competitive solar solutions with our offer of the highest lifetime value."
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