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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

Wind Farm Announced for Southwest Alberta

LCG, Dec. 16, 2003--A 68-megawatt wind power project has been announced by Vision Quest Windelectric, a subsidiary of the TransAlta Corporation, with construciton to begin immediately.

The addition of the Summerview Wind Farm to TransAlta's renewable energy portfolio would boost the company's renewable generation by about one-third. Roughly half of TransAlta's renewable generation will then come from its geothermal site in California, in which it maintains 50 percent ownership. Summerview will be located outside Pincher Creek, Alberta, and contracts are now under discussion with potential purchasers of the farm's output.

Summerview is targeted for completion by July 2004, and will include 38 Vestas V80, 1.8 MW turbines. "Summerview takes us one step closer to our long-term target of ten per cent of capacity from renewable energy," said Steve Snyder, TransAlta president and chief executive officer.

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