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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

UTC Receives Innovation Award for Geothermal Power Technology

LCG, June 20, 2008--UTC Power, a subsidiary of United Technologies Corporation, received the National Energy Resources Organization's (NERO) annual Innovation Award for its PureCycle geothermal system, which uses low-temperature geothermal energy from hot water to generate electricity.

The PureCycle system is designed for relatively small temperature differentials and uses an organic Rankine cycle-based power system with refrigerant rather than steam to generate power in a closed system that has essentially no emissions.

Since 2006, the PureCycle geothermal system has operated using a 165 degree F geothermal source at Chena Hot Springs Resort in Alaska as a U.S. Department of Energy Geothermal Technologies demonstration project. The ability to utilize low temperature differentials expands the potential locations where geothermal energy may be exploited.

NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.
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