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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

New Wind Projects Commence Operations

LCG, June 16, 2004--New wind turbines continue to be connected to the electricity grid across North America. Today, FPL Energy LLC, a subsidiary of FPL Group, and PPM Energy, Inc., ScottishPower's US energy business, hosted guests at the official commencement of operations for FPL Energys Wyoming Wind Energy Center in Uinta County, Wyoming. The project includes 80 turbines, with a project capacity of 144 MW. All of the output will be purchased by PPM Energy under a long-term contract.

Last week, the Creststreet Power & Income Fund LP announced that the first phase of construction is near completion and electrical power production from seven wind turbines has commenced at both its Mount Copper Project near Murdochville, Quebec and its Pubnico Point Project near Yarmouth, Nova Scotia. The second phase of construction, which includes bringing on-line an additional 40 turbines, is scheduled for completion in January 2005. When complete, the Mount Copper Project will have a 54 MW capacity, with Hydro Quebec purchasing the energy under a long-term contract. The capacity of Pubnico Point Project will be 30.6 MW, with production to be sold to Nova Scotia Power, Inc. under a long-term contract.

In California, Sacramento Municipal Utility District (SMUD) announced last week that it has added seven wind turbines, totaling 5 MW, to its Solano Wind Project in the Delta, south of Sacramento. SMUD has been generating electricity from this site since 1994.

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