EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

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

New Jersey Solar Project Approved by Local Authority

LCG, December 15, 2010--Lincoln Renewable Energy (LRE) yesterday announced that its site-plan application was approved last Thursday by the Mannington Township Planning Board unanimously approved its site-plan application for the 10-MW NJ Cedar Solar farm located in Salem County.

The estimated cost of the NJ Cedar Solar project is $60 million, and it will be installed on a 129-acre site. Construction is scheduled to commence early next year.

In October, LRE's site-plan for the 10-MW NJ Oak Solar project in nearby Cumberland County was approved.

In spite of New Jersey's limited insolation, New Jersey is an attractive location for solar projects. New Jersey has a renewable portfolio standard (RPS) that requires electricity suppliers serving retail customers in the state to include in the electricity it sells 22.5% qualifying renewables by 2021. The New Jersey Board of Public Utilities (BPU) has since increased the required separate percentage of solar electricity (2.12% by 2021), and in January 2010 the legislature revised the solar portion of the standard such that there is an ultimate goal of 5,316 GWh of solar generation in 2026.
Copyright © 2024 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service