EnergyOnline

PRESS RELEASE

LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook.

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Winter Storm Event Decimates Texas Power Supply

******** February 19, 2021 update--The Electric Reliability Council of Texas (ERCOT) expects to come out of emergency conditions later this morning, the wholesale electricity prices is back to pre emergency level. ******** LCG, February 18, 2021-–Extreme winter weather swept across the central and southern states over the week beginning Feb 8, bringing record low temperatures and heavy snow.

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2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO

LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).

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COVID-19: Analysis of Resource Adequacy in ERCOT - July - December 2020

LCG, June 30, 2020 - LCG Consulting just released its analysis of ERCOT for the second half of 2020, July through December.

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NEWS

Duke Energy Files Solar Net Metering Agreement in North Carolina

LCG, December 1, 2021--Duke Energy announced yesterday that it has filed a net metering agreement yesterday with the North Carolina Utilities Commission (NCUC) designed to align solar adopter compensation to utility system benefits and create long-term stability for the residential solar industry in North Carolina. The agreement submitted must now be approved by the NCUC.

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Vestas Introduces the V162-6.8 MW Wind Turbine

LCG, November 23, 2021--Vestas Wind Systems today announced the introduction of the V162-6.8 MW wind turbine of the EnVentus platform. The V162-6.8 MW is designed to provide flexible power ratings of 6.5 MW, 6.8 MW and 7.2 MW and expanded site applicability through an optional larger CoolerTop. The performance improvements are achieved through enhanced EnVentus powertrain and power conversion systems.

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Vineyard Wind Holds Ground Breaking Event for 800-MW Offshore Wind Project

LCG, November 22, 2021--Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc., and Copenhagen Infrastructure Partners (CIP), held their groundbreaking event last Thursday for Vineyard Wind 1, an 800-MW offshore wind project located in waters 15 miles off Martha’s Vineyard, near Cape Cod in Massachusetts.

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Energy Market Prices and Loads

Energy Price (Actuals)
ERCOT $15.31
MISO $35.03
NYISO $39.09
NEISO $42.69
CAISO $23.1
PJM $23
Load (Actuals)
ERCOT 33490 MW
MISO 74629 MW
NYISO 14163 MW
NEISO 9933 MW
CAISO 26524 MW

LCG NEWS

NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

Texas Solar Project Sold to CIP

NorthRenew Energy achieved financial close for TG East Wind Project

ERCOT reviewed Frio County Transmission Project



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