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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

DOE Selects Tampa Electric Site for Carbon Capture Project Grant

LCG, July 20, 2010--The Department of Energy (DOE) selected Tampa Electric's Big Bend Station for a carbon capture project that will receive an $8.9 million grant. This pilot plant was one of ten selected by the DOE to improve efficiencies and lower costs for carbon capture technologies employed at coal-fired power plants.

The project will demonstrate new POSTCAP technology that uses an amino acid salt as a solvent for CO2 absorption. Siemens Energy will design, install, and operate a pilot plant to capture 90 percent of the CO2 from a slipstream (1 MW equivalent) of the post-combustion exhaust gas. The flue gas will be extracted downstream of an existing Siemens Wet FGD system. A benefit of using the non-toxic, biodegradable solvent is a more environmentally friendly process.

The pilot project is scheduled to commence operations in 2013. Siemens began operations of its first pilot CO2 capture plant for coal-fired power plants at the Staudinger power plant in Germany in September 2009.
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