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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

PG&E Signs Agreements for Two Solar Projects

LCG, June 28, 2007--Pacific Gas and Electric Company (PG&E) announced yesterday that it has executed contracts with Cleantech America LLC and GreenVolts, Inc. for solar power from two photovoltaic projects located in California. The combined electric generating capacity of the two projects is 7 MW, and the agreements call for the projects to commence operations in 2009.

Both projects rely on photovoltaic technologies to harness the sun's energy and convert it into electricity. The Cleantech America CalRENEW-1 project will cover about 40 acres in Fresno County and has a design capacity of 5 MW.

The GreenVolts GV1 solar plant is sited on about eight acres in Tracy and will have an electric generating capacity of 2 MW. Greenvolts' design concentrates the sun's rays onto a highly efficient solar cell that requires only half the land area of conventional flat panel photovoltaic technologies, according to PG&E.

PG&E states that now supplies approximately 13 percent of its energy from qualifying renewable sources under California's Renewable Portfolio Standard (RPS) program. The new contracts represent a significant step towards reaching California's renewable portfolio goal of supplying 20 percent of customer needs with qualifying renewable energy by 2010, according to PG&E.















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