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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

California Energy Commission Approves Calpine's 600-MW Russell City Energy Center

LCG, September 27, 2007--The California Energy Commission (CEC) yesterday approved a 600-MW power plant project, known as the Russell City Energy Center, proposed by Calpine Corporation (Calpine). The natural gas-fired project was proposed back in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold.

Today the project is owned by Calpine and co-investor GE Energy Financial Services, which has a 35 percent interest in the facility. A ten-year, power purchase agreement (PPA) for the full output from the plant is now in place with Pacific Gas and Electric Company (PG&E). Construction is scheduled to start next spring, with commercial operations expected in mid-2010.

The Russell City Energy Center will be built on an 18.8-acre site near the City of Hayward's recycled water treatment facility and will use recycled water.

The project will add a significant quantity of generating capacity to meet the growing demand for electricity in California.




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