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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

Entergy Louisiana Holds Kick-off for Construction of 980-MW Combined-Cycle Power Plant

LCG, February 1, 2017--Entergy Louisiana yesterday held the groundbreaking for the St. Charles Power Station, a 980-MW combined-cycle, natural gas-fired energy facility. The estimated project cost is $869 million, including transmission and other project-related costs. It is expected to enter commercial operation by June 2019.

Entergy estimates that customers will save more than $1.3 billion over the anticipated 30-year life of the plant.

The St. Charles Power Station will be constructed in St. Charles Parish, approximately 30 miles west of New Orleans. Entergy has selected CB&I as the engineering, procurement and construction (EPC) contractor for the project. The design includes two Mitsubishi Hitachi Power Systems (MHPS) M501GAC gas turbines, which are the air-cooled versions of the MHPS G-Series.

The Chairman and CEO of Entergy Corporation said, "This project is an excellent example of how Entergy's commitment to modernize our infrastructure will benefit customers. Not only is the plant expected to produce significant customer savings over the long term, but it will add another highly efficient resource to our generation portfolio, which ranks as one of the cleanest in the country."

The Governor of Louisiana stated, "Our economy and our way of life in Louisiana rely upon dependable, affordable electricity. Not only is Entergy one of our most important corporate employers, with headquarters in New Orleans, Entergy supplies more power to customers in the state of Louisiana than anyone. After a long, constructive process with our Public Service Commission, Entergy Louisiana is moving forward with this highly efficient power plant project that will benefit customers across the state. We're excited to support them in providing more power to our people, in a more efficient way than ever before."
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