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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

Algonquin Power & Utilities Corp. Announces Joint Venture Agreement with RES Americas for Michigan Wind Project

LCG, October 20, 2015-Algonquin Power & Utilities Corp. yesterday announced a joint agreement with Renewable Energy Systems Americas Inc. (RES Americas) to develop the 150-MW Deerfield Wind Energy Project in central Michigan. The project, which is currently under construction, is scheduled to commence commercial operation at the end of 2016.

The Deerfield Wind Energy Project is located on the Thumb of the Lower Peninsula of Michigan, and the site includes approximately 20,000 acres of leased land. The project will use 44 Vestas V110-2.0 wind turbines and 28 Vestas V110-2.2 turbines. The annual generation is projected to be 555.2 GWH. The estimated total project cost is approximately $303 million.

The power generated by the Deerfield Wind Energy Project will be purchased by Wolverine Power Supply Cooperative, Inc., a local electric distribution utility, under a 20-year power purchase agreement (PPA).
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