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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

Exelon Plans 10-MW Solar Generating Station in Chicago

LCG, April 23, 2009--Exelon yesterday announced plans to develop a 10-MW solar photovoltaic (PV) electric generating system at an industrial site on Chicago's South Side. Exelon's plans call for the project to be complete by year-end.

Exelon selected SunPower to design and build the system, and an agreement is in place between the two companies. Exelon will own and operate the facility and market the power generated and the associated Solar Renewable Energy Certificates (SRECs).

The project will be built at a 39-acre site leased by Exelon. The facility will include 32,800 solar panels that will be manufactured by SunPower. The system will also employ SunPower Trackers, which track the sun so as to increase the solar energy received and electricity produced by the panels.

The estimated cost of the 10-MW project is $60 million. The project is contingent upon a federal loan guarantee available from the American Recovery and Reinvestment Act. Exelon requested a loan guarantee for up to 80 percent of the project cost from the U.S. Department of Energy Loan Guarantee Program Office (LGPO).
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