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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

Southern Power and OUC Receive DOE Funds for Coal Plant

LCG, October 22, 2004--Orlando Utilities Commission (OUC) and Southern Power, the unregulated subsidiary of Southern Company, will receive a $235 million federal grant from the Department of Energy (DOE) for the development of an advanced coal plant to be built at OUC's existing Stanton Energy Center near Orlando, Florida.

The new, 285 MW coal plant will be based on the transport gasifier that Southern Company and others have been developing at the Power Systems Development Facility near Wilsonville, Alabama. The transport gasifier offers a simpler method to generate power from coal and is cost-effective when handling low rank coal, as well as coals with high moisture or high ash content. Operations of the new plant are planned to commence in 2010.

The existing facilities at Stanton include two, coal-fired generating units and a combined-cycle natural gas-fired unit, with a total generation capacity of more than 1,500 MW. The site is owned by OUC. A 630 MW combined-cycle natural gas-fired unit began commercial operation a year ago. The combined-cycle unit is a joint development project between Southern Company, OUC, Florida Municipal Power Agency and Kissimmee Utility Authority. The municipal partners purchase 100 percent of the units output.

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