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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

Florida PSC Approves Energy Contract for Biomass Power Plant

LCG, February 13, 2008--The Florida Public Service Commission (FPSC) yesterday approved a second, 20-year, power purchase agreement (PPA) between Progress Energy Florida (Progress) and BG&E Florida (BG&E) for firm capacity and energy from a planned power plant that will be fueled by biomass. BG&E will operate the power plant as a Qualifying Facility ("QF") pursuant to regulations of the FPSC.

The plant electric generating capacity will be 75 MW, and the fuel will include waste wood products such as yard trimmings, tree bark and wood knots from paper mills. The project is scheduled to commence operations by June 1, 2011. BG&E will build, own and operate the facility.

The FPSC approved a PPA between Progress and BG&E for a similar biomass power plant in November of last year. Operations for this plant are scheduled to commence by January 1, 2011. The initial facility will also have a maximum generating capability 75 MW and use a gasified biomass product as its primary fuel.
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