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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

Iberdrola Completes Blue Creek Wind Farm in Ohio

LCG, March 8, 2012--Iberdrola completed construction of its 304-MW Blue Creek Wind Farm in Ohio. Iberdrola executed a 20-year, power purchase agreement (PPA) with the US firm FirstEnergy Solutions, a subsidiary of FirstEnergy Corp., for 100 MWs of the total output of the project back in February 2011. With the new project, Iberdrola states that its installed capacity in the U.S. now exceeds 5,200 MW.

The Blue Creek Wind Project includes 152 Gamesa G90 wind turbines that stand 100 meters above the earth's surface. Each turbine has a capacity of 2 MW.

In May 2008, Ohio enacted electric industry restructuring legislation that requires all retail electricity providers (except municipal utilities and electric cooperatives) to serve 25% of their retail load from alternative energy resources by 2025, with specific annual benchmarks for renewable and solar energy resources.
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