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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 Gives Green Light to FPL's New Solar Facilities

LCG, July 17, 2008--The Florida Public Service Commission (PSC) Tuesday approved three solar energy projects proposed by Florida Power & Light Company (FPL). The projects include the world's largest photovoltaic solar system and the first hybrid energy system that combines solar thermal technology with an existing natural gas combined-cycle generation unit.

The projects are a step toward implementing the renewable energy goals approved by Governor Crist earlier this year.

FPL has plans for two solar photovoltaic facilities that will have a combined electric generating capacity of 35 MW. Earlier this month, SunPower Corporation announced that it was selected by FPL to design and build the facilities that will incorporate SunPower photovoltaic panels.

In DeSoto County, Florida, a 25-MW solar photovoltaic facility will be built that includes the installation of the SunPower Tracker system that follows the sun to increase electric generation from the panels. A 10-MW project will be constructed at the Kennedy Space Center. Both projects will be owned, operated and maintained by FPL.

The DeSoto project is scheduled to commence operations by December 2009, and the Kennedy Space Center is scheduled to commence operations by the first quarter of 2010. SunEdison will develop, finance, build, operate, monitor and maintain the solar farms.

The hybrid project will be at FPL's existing Martin Plant site. The Martin Next Generation Solar Energy Center will incorporate a design that will, when solar power is available, use energy from the sun to generate steam as a substitute for burning natural gas in a combined-cycle steam turbine system. The design will provide for as much as 75 MW of solar power and is expected to be the first such hybrid system in the world. The hybrid system is planned to commence operations by the end of 2009.
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