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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

EDF's Catalina Solar Project Achieves Commercial Operation Milestone

LCG, August 23, 2013--EDF Renewable Energy announced yesterday that its 143 MW Catalina Solar Project, located in California's Mojave Desert, has reached commercial operation. Construction on the project commenced in May 2012.

The power generated by the Catalina Solar Project is purchased by San Diego Gas & Electric Co. (SDG&E) under a 25-year Power Purchase Agreement (PPA). With the completion of the project, EDF Renewable Energy now has 343 MW of renewable capacity through three projects to meet its contract obligations to SDG&E. All three electric generating facilities are located in Kern County.

The Vice President, West Region for EDF Renewable Energy stated, "Catalina Solar is a strategic project for EDF Renewable Energy as it represents our largest utility-scale photovoltaic solar plant developed in North America."

The Catalina Solar Project employs 82 MW Solar Frontier and 61 MW First Solar thin film solar PV modules and includes a 7.2-mile transmission line that connects the facility to the substation. The project site is on 900 acres of privately owned land southwest of the Tehachapi and Piute Mountains.

EDF Renewable Services will provide operations and maintenance services. Bechtel designed and constructed the facility.

California leads the nation in solar power. on June 07, 2013 the California Independent System Operator (ISO) announced that a new record was set for solar power output of 2,071 MW, with solar generation providing over five percent of the demand for electricity.

California's Renewable Portfolio Standard (RPS) was originally established by legislation in 2002, and subsequent amendments have led to the requirement for California?s electric utilities to have 33 percent of their retail sales served by eligible renewable energy resources in 2020 and all subsequent years. Interim targets for the utilities are 20 percent of retail sales by December 31, 2013, and 25 percent by December 31, 2016.



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