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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

SRP Selects Iberdrola for Solar PV Project

LCG, November 24, 2009--SRP announced yesterday that it selected Iberdrola Renewables Inc. to design, construct and operate a 20-MW solar photovoltaic (PV) power facility in Arizona. The project is scheduled to commence operations in 2011 and will be the largest PV facility in Arizona.

SRP expects to present the proposal to the SRP Power Committee at its meeting in December. In January, SRP management will likely present the power purchase agreement for the project to SRP's Board for final approval. The proposed agreement to purchase power generated by the solar farm includes a term of 20 to 25 years.

SRP's associate general manager for Commercial and Customer Services stated, "We want to be in a position to offer our customers a new, lower-cost solar energy option by giving them the opportunity to purchase the green power directly from this solar facility. SRP will utilize whatever output may not be subscribed by our customers, if any."
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