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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

160-MW Texas Wind Farm Planned

LCG, July 24, 2003--The largest wind farm yet proposed in Texas has been announced by TXU Energy, a subsidiary of TXU Corp., and Green Mountain Energy, and is expected to be completed in the town of Brazos by the end of December 2003.

"As the largest purchaser of wind power in Texas, TXU Energy is pleased to help make this transaction a reality," TXU Energy's president of portfolio management, VJ Horgan, said. Developers for the project are Cielo Wind Power, LLC, based in Austin, and Orion Energy LLC, of Oakland, Ca. Shell WindEnergy, which jointly owns the project with Padoma Resources I, Inc., will operate the Green Mountain Wind Energy Farm. Output will be purchased and marketed by Green Mountain, of Austin, and by TXU Energy.

The installation will provide power to 30,000 average Texas homes each year, generated from 160 Mitsubishi generators. The turbines will each be about 230 tall, and according to the purchasers, prevent the same amount of CO2 each year that is caused by all cars and SUVs in Houston in most weeks.
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