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News
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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, 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
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Industry News
Southern Power's 120-MW Solar Project Commences Operation in Texas
LCG, April 6, 2017--Southern Company subsidiary Southern Power yesterday announced the commercial operation of the 120-MW East Pecos Solar Facility in Pecos County, Texas. Austin Energy will purchase the energy and associated renewable energy credits (RECs) under a 15-year power purchase agreement (PPA), which it plans to apply to meet Austin City Council goals for renewable energy and carbon reduction.
The East Pecos Solar Facility facility is located on an approximately 1,000-acre site and includes approximately 1.2 million solar photovoltaic (PV) panels manufactured by First Solar, which built and will operate and maintain the facility. Initially, First Solar announced the signing of its PPA with Austin Energy in October 2015, and project construction then began in February of 2016.
The solar project fits Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts.
Southern Power's President and CEO stated, "The East Pecos Solar Facility joins our growing renewable fleet in Texas, and we look forward to operating it for the benefit of our customers. By providing clean, affordable, wholesale generation, we are able to deliver on our promise to help build the future of energy."
Austin Energy's General Manager stated, "Austin Energy was an early adopter of West Texas wind power and is pleased to take delivery of the power generated by the East Pecos Solar Facility. We currently supply more than 30 percent of our customers' needs from renewable power and are well on our way to our target of 55 percent supply by 2025."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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