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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/Fluor Daniel to Build Calpine Oklahoma Plant

LCG, Aug. 1, 2001--Duke/Fluor Daniel said yesterday it has been awarded a contract by Calpine Oneta Power, L.P., to provide engineering, procurement and construction services for a 1,150-megawatt, combined-cycle, natural gas-fired power plant in Coweta, Okla.

Duke did not disclose the value of the contract, though the entire project has been estimated at $500 million. The facility is scheduled to begin commercial operation early next summer and is currently on target to meet that goal, the company said.

"Two aspects of this contract stand out," said Jeff Faulk, president and chief executive of Duke/Fluor Daniel. "It is our first opportunity to work with Calpine Corporation widely regarded as a leading independent power producer. Second, as part of the overall contract, we have effectively combined Calpine's procurement requirements, preferred suppliers and commissioning capabilities with (our) contracting capabilities."

Doug Kieta, Calpine's senior vice president for construction, chimed in "This contract represents a significant step forward for the project, and such projects represent significant progress in meeting fast-growing energy demand in the United States."

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