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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Connecticut Selects Over 250 MW of Clean Energy Request Proposals

LCG, June 15, 2018--As part of the Department of Energy and Environmental Protection's (DEEP) recent Clean Energy Request for Proposals, the State of Connecticut has selected over 250 MW of clean and renewable energy projects. The largest projects utilize offshore wind and fuel cells.

The 200 MW offshore wind project selected is the Revolution Wind Project that was proposed by Deepwater Wind. The 200-MW project will be incremental to the 400 MW from the same project selected by Rhode Island. Connecticut's authority under Public Act 17-144 for offshore wind is limited to 3% of the Connecticut Electric Distribution Companies' total electric load, and Connecticut has selected that full amount.

The State also selected four fuel cell projects with a combined capacity of approximately 52 MW, which will roughly double the installed fuel cell capacity in the state. The fuel cell projects include: Energy and Innovation Park New Britain (Doosan) 19.98 MW; Colchester (Bloom) 10 MW; Hartford Fuel Cell (Fuel Cell Energy) 7.4 MW; and Derby Fuel Cell (Fuel Cell Energy) 14.8 MW.

The Governor stated, "We have an obligation to our children and grandchildren to invest in energy projects that reduce the impacts of harmful emissions. That's why Connecticut is making investments in the technologies of the future, not of the past. These projects will result in thousands of new Connecticut jobs, helping to grow our economy, while doing so in a clean and sustainable way."
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