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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

Construction Commences on Enel’s Aurora Wind Farm in North Dakota

LCG, November 27, 2019--Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota. The project is expected to be fully operational by the end of 2020. The estimated investment in the project is approximately $450 million dollars.

Power purchase agreements (PPA’s) for the sale of power generated include a 23-year PPA between EGPNA and Basin Electric Power Cooperative for 142 MW of capacity, along with a 12-year virtual PPA with Gap Inc. for 90 MW of capacity. The electricity purchased by Gap Inc. is estimated to power over 1,500 of its retail stores, equivalent to around 50 percent of the electricity needs of the more than 3,300 stores operated by Gap Inc. worldwide.

The Aurora project is located approximately five miles northwest of Tioga in Williams and Mountrail counties and is Enel Green Power’s second project in the state.
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