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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.

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Industry News

NRG and MidAmerican Complete the 290-MW Agua Caliente Solar PV Project in Arizona

LCG, April 30, 2014-NRG Energy, Inc. (NRG), through its wholly-owned subsidiary NRG Solar, and its partner MidAmerican Solar yesterday announced they have achieved substantial completion of the Agua Caliente Solar Photovoltaic Facility, a 290 MW photovoltaic (PV) facility in Arizona. Pacific Gas & Electric Company (PG&E) contracted to receive the power generated by the facility under a 25-year power purchase agreement (PPA).

NRG Solar's president stated, "Large-scale utility accomplishments, like our Agua Caliente project, raise the bar in terms of our clean-energy technology and production. Proving that we can build both the world?s largest solar thermal and now one of the world?s largest solar photovoltaic facilities advance NRG?s mission to reshape the energy landscape that is incredibly beneficial to both the economy and in how we produce and consume energy. Whether it?s partnering, developing or investing, NRG will lead the way in providing a diverse set of solutions and technologies to get the US to the ultimate goal of providing affordable, reliable clean energy for everyone."

The Agua Caliente Solar Photovoltaic Facility site includes 2,400 acres of land located approximately 65 miles east of Yuma, Arizona. Agua Caliente is one of the first PV plants of this capacity to be connected to a 500kV transmission line. The project was designed and built by First Solar, Inc. using its advanced thin-film cadmium-telluride (CdTe) PV modules. FirstSolar will also operate and maintain the facility for NRG and MidAmerican Solar.

The project received a $967 million loan guarantee from the US Department of Energy?s Loan Programs Office.
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