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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

New York Awards Solar PV Grants to 76 Projects for 2013

LCG, April 2, 2013--The Governor of New York announced Thursday that $46 million has been awarded under his NY-Sun initiative for large-scale solar photovoltaic (PV) energy projects, which will add 52 MW to New York's solar capacity.

The awards are the first of three rounds of the Competitive PV solicitation, an element of New York?s Renewable Portfolio Standard (RPS) program. Second round proposals have been received, and proposals for the third round are due August 29, 2013.

This first round of awards are to 28 recipients to finance 76 large-scale solar energy projects across the state that will be located at businesses, factories, municipal buildings and other larger commercial and industrial companies, with the intention that the power generated is used on-site, although surplus power may be delivered to the grid for a credit.

The projects are scheduled to commence operations by year-end. The $46 million grants from New York State will be supplemented by $100 million in private investment.

The NY-Sun Competitive PV Program provides incentives for PV systems larger than 50 kW and is administered by the New York State Energy Research and Development Authority (NYSERDA). Funding per project is capped at $3 million, and all projects require co-funding.

Last year, the combined efforts of NYSERDA, New York Power Authority (NYPA) and Long Island Power Authority (LIPA) led to the installation of more than 58 MW of PV in the New York. Now, with the planned addition of 52 MW this year, a total of 242 MW of PV has been installed or is under development as part of NY-Sun.
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