EnergyOnline

PRESS RELEASE

2019 ERCOT Outlook report available from LCG Consulting

LCG, January 8, 2019 --Texas continues to see growth in renewable energy resources. In 2018, ERCOT endorsed major transmission projects to serve load growth while relieving congestion in the Far West region. New import and export capabilities are also on the horizon, such as through the integration of Lubbock Power & Light and the possible Southern Cross transmission project.

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Impacts of High Variable Renewable Energy Futures

May 23, 2018 -- Lawrence Berkeley Lab partnered with LCG Consulting to study variable renewable energy (VRE) scenarios to offer a long-range view of how current choices could impact their future ability to cope with changes in the electric sector.

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ERCOT 2018 Summer Quarter Outlook

LCG, July 16, 2018-- LCG released a new third quarter (July – August 2018) report that looks at how the ERCOT grid can cope with strained network conditions.

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In LCG’s 2018 ERCOT Outlook

LCG, March 21, 2018 --The Outlook Report outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.

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NEWS

Duke Energy Renewables to Install 200-MW Wind Project in Texas

LCG, April 12, 2019--Duke Energy Renewables, a commercial business unit of Duke Energy, yesterday announced it will build, own and operate the Mesteño Wind Project, located in southern Texas. The power generated by the 200-MW project will be sold into the ERCOT market, and Duke Energy Renewables will enter into a long-term hedge agreement covering the majority of the expected wind energy production. Construction has commenced, and the project is scheduled for completion by year-end.

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FPL Announces Plans for 409-MW Battery Storage System

LCG, April 3, 2019--Florida Power & Light Company (FPL) recently announced a plan to build the world's largest solar-powered battery system, the Manatee Energy Storage Center, as part of a modernization plan to accelerate the retirement of two, 1970s-era natural gas generating units at FPL's neighboring Manatee Power Plant.

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Energy Market Forecasts and Actuals

MarketVision Forecasts
CAISO May 2019
Energy Price (Actuals)
ERCOT $6.47
MISO $17.18
NYISO $15.99
NEISO $18.47
CAISO $23.1
PJM $18
Load (Actuals)
ERCOT 41100 MW
MISO 61673 MW
NYISO 14313 MW
NEISO 10755 MW
CAISO 26524 MW


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