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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released 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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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released 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.

Read more

Industry News

Duke Energy Renewables Announces Commercial Operations Achieved for 150-MW Solar Project

LCG, June 20, 2019--Duke Energy Renewables, a subsidiary of Duke Energy, yesterday announced that its 150-MW North Rosamond solar project in Kern County, California, has commenced commercial operation. The power produced from the project is being sold to Southern California Edison (SCE) under a 15-year agreement.

Duke Energy Renewables acquired the North Rosamond solar project from a subsidiary of Clearway Energy Group in April 2019.

The president of Duke Energy Renewables stated, "North Rosamond is a great addition to our growing solar portfolio. California is a leader in renewable energy, and we're pleased to support the state's efforts by continuing to provide cost-efficient renewable energy to meet residents' needs."

The 150-MW project includes over 477,000 solar panels and is located on approximately 1,188 acres outside of Rosamond. The North Rosamond solar project is Duke Energy Renewables' sixth solar generation facility in Kern County, and the project is now the largest solar project in Duke Energy Renewables' fleet.

The facility's design, procurement of PV modules, inverters, balance of plant systems and construction of the project were performed by First Solar Electric California's engineering, procurement and construction (EPC) subsidiary under a fixed-price EPC agreement for the project.
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