******** 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. The temperatures shocked the Texas grid, pushing it to operational limits that ERCOT and generators did not expect and spiking wholesale electricity prices. A combination of higher-than-expected demand and plant and natural gas failures gutted the available power supply.
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LCG, January 21, 2021-–Garth Klimchuk, managing partner of of NorthRenew Energy announced that the 345 MW Mesquite Sky Wind project located in Callahan County, has commenced construction. LCG Consulting provided analytical service to NorthRenew and investment support to the offtaker Clearway for 345 MW Wind Farm.
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