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News
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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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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 Release
LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)
LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook. The report outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
However, this winter has brought anything but business as usual to Texas. Severe and persistent winter temperatures led to large-scale generators outage and natural gas curtailment, and subsequently widespread black outs and public outrage. Although ERCOT had returned to more normal operating conditions, the crisis is not yet over, and the Public Utilities Commission of Texas and legislature are actively considering changes to the system and market. If and when changes are enacted that may affect ERCOT, LCG will issue an addendum and perhaps analysis from further studies in Texas.
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Readers can DOWNLOAD the Report clicking the button above. For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com
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