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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

Calpine Buys Remaining Interest in Agnews Plant

LCG, Aug. 21, 2000--Calpine Crop. said on Friday that it had acquired the 80 percent it didnt already own of a 29 megawatt cogeneration plant located at a former California state mental hospital a few miles from the companys San Jose, Calif. headquarters.

Calpine, which had taken a 20 percent stake in the plant at the Agnews Developmental Center in 1990, purchased the remaining interest from GATX Capital Corp. Financial details were not disclosed.

"Acquiring this interest will allow us to further enhance output and operational efficiency of theAgnews facility, and enable us to operate all of our facilities as part of an integrated power system,"said Jake Rudisill, Calpine senior vice president for the western region.

The Agnews plant currently sells an average of 28 megawatts of electricity to Pacific Gas & Electric Company, and one megawatt to the Agnews Developmental Center. The facility also supplies an average of 5,000 pounds per hour of low-pressure steam to the Developmental Center under a long-term energy services agreement.

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