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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

CEC Approves 250 MW Solar Project in Southern California

LCG, September 14, 2010--The California Energy Commission (CEC) last week approved the construction of the 250-MW, Abengoa Mojave Solar Project. Abengoa Solar announced the execution of the related power purchase agreement (PPA) with Pacific Gas & Electric (PG&E) in October 2009.

The Abengoa Mojave Solar Project is a concentrating solar power (CSP) project that will use trough collectors to focus solar energy on a tube circulating a synthetic heat transfer oil that will be heated to over 700 degrees F. The heated oil is used to generate superheated, high pressure steam that is delivered to a steam turbine, which powers an electrical generator, creating electricity.

The project will be constructed on a 1,765 acre site in an unincorporated area of San Bernardino County, between Barstow and Kramer Junction, approximately 100 miles northeast of Los Angeles. Construction is expected to commence by year end, with commercial operations scheduled to begin in early 2013.

The project is one of nine large solar plants - with a combined capacity of over 4,000 MW - that the CEC is scheduled issue a decision by the end of the year.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities like PG&E to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with the current requirement being 33 percent by 2020.




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