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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

Duke Energy Launches Its Green Source Rider Program with Google

LCG, November 25, 2015--Duke Energy announced yesterday that Google is the first company to participate in Duke Energy's Green Source Rider program, under which Google will use renewable energy to meet a portion of its energy needs. Duke will provide renewable energy to supply the new energy demand at Google's expanded data center in Lenoir, North Carolina.

"Google was a driver behind Duke Energy seeking approval for the Green Source Rider," said Duke Energy's Senior Vice President of Distributed Energy Resources. "Having Google as the first company to publicly announce its participation is extremely satisfying. We believe this will lead to similar announcements in the future."

The renewable power will be purchased by Duke Energy Carolinas from Rutherford Farm, LLC, a qualifying facility (QF). The 61-MW solar photovoltaic (PV) project will be built in Forest City, North Carolina. The developer is Cypress Creek Renewables. In the announcement, Duke stated that other Duke Energy customers will not pay for the project.

The project will be one of the largest solar projects in North Carolina, where the state Renewable Energy Portfolio Standard requires that six percent of investor-owned utilities' electricity sales in the state be supplied by renewable energy (or be replaced by energy conservation). The requirement scheduled to increase to 12.5 percent by 2021.
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