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AES Announces Construction Complete on 1,000-MW, Solar-Plus-Storage Project in California

LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.

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Duke Energy Proposes to Build 1,400-MW Natural Gas-Fired Power Plant in South Carolina

LCG, June 9, 2025--Duke Energy announced today its intent to submit an application to the Public Service Commission of South Carolina (PSCSC) for approval to build a new natural gas combined-cycle generating facility with hydrogen capability in Anderson County, South Carolina. The company plans to submit the construction application to the PSCSC later this year. If approved, it expects construction would commence in summer 2027, with operations beginning by early 2031.

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PRESS RELEASES

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)

LCG, March 20, 2025 – LCG Consulting (LCG) has released a second edition of its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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Previous Press Releases

LCG Unveils 2nd Edition of 2025 ERCOT Electricity Market Outlook (3/20/2025)
LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT) (8/14/2024)
LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT) (10/10/2023)
LCG CONSULTING PREDICTS FUTURE VALUE OF EVERY PATH AVAILABLE IN THE 2024 CAISO CRR AUCTIONS (9/12/2023)
LCG Publishes 2023 Annual Outlook for Texas Electricity Market (ERCOT) (6/10/2022)
EIA Releases Study on Drought Effects on California Electricity Generation and Power Market using UPLAN Model (6/10/2022)
LCG Publishes 2022 Annual Outlook for Texas Electricity Market (ERCOT) (2/8/2022)
LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT) (3/11/2021)
Winter Storm Event Decimates Texas Power Supply (2/18/2021)
2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO (9/4/2020)
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