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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

British Government Approves Huge Offshore Wind Project

LCG, June 19, 2014-The British Department of Energy and Climate Change (DECC)announced yesterday that it has approved the construction of the East Anglia ONE offshore wind farm. The project will be built off the coast of Suffolk and cover an area of approximately 300 square kilometers. The wind farm will include up to 325 turbines that will provide for an installed capacity of 1,200 MW. Construction is scheduled to commence in 2017, with electric generation to start by 2019.

The East Anglia ONE project is a joint venture between Scottish Power Renewables, a subsidiary of Spanish energy firm Iberdrola, and Sweden's state-owned utility Vattenfall.

The initial project plan is to install 240 wind turbines. The project also calls for up to three offshore collector stations, as well as up to two offshore converter stations and their foundations to collect the electricity from the turbines and transform it to a form suitable for transfer to shore. Up to four seabed export cables, each around 73 km in length, will transfer the electricity to shore. An onshore converter station adjacent to the existing substation at Bramford, Suffolk, will connect the offshore windfarm to the National Grid.
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