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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

Construction Begins at Tyr Energy's Hickory Run Energy Center

LCG, August 24, 2017--Tyr Energy, Inc., Kansai Electric Power Co., Inc. (Kansai) and Siemens Financial Services, Inc. (Siemens) announced Monday that they have started the construction of the Hickory Run Energy Center, LLC Power Plant, located approximately 45 miles northwest of Pittsburgh, Pennsylvania. The 1,000-MW, gas-fired project is scheduled to achieve a commercial operation date in April 2020.

The Hickory Run Energy Center will be a combined-cycle energy facility. The project includes two Siemens SGT6-8000H gas turbine generators, two heat recovery steam generators (HRSGs), and a Siemens steam turbine generator. The plant is expected to cost approximately $915 million.

The project is well-located among the Marcellus and Utica natural gas production areas, with access to Tennessee Gas Pipeline Zone 4. The power generated by the project will be delivered into the PJM Interconnection.

Tyr Energy, LLC will provide all asset management services upon commercial operations and NAES Corporation (NAES), a Tyr affiliate, will provide operations and maintenance (O&M) to the project.

The project was originally developed by an affiliate of LS Power Associates, LP.
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