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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

AEP Buys Enron Wind Project in Texas

LCG, Jan. 2, 2002--American Electric Power Co. Inc. said Monday that it has acquired the 160-megawatt Indian Mesa Wind Power Project from Enron Wind Corp. for $175 million. The Enron unit will provide operations and maintenance services at the site, located near Iraan, 45 miles east of Fort Stockton, Texas.

Under terms of the agreement, AEP will assume responsibility for fulfillment of previously announced power supply arrangements with City Public Service, the municipal electric utility for San Antonio, Texas. CPS will buy all the power generated from the wind turbines under long-term agreements.

"We are pleased to add the Indian Mesa Wind Project to our growing fleet of renewable power generation resources," said Dwayne L. Hart, senior vice president of business development for AEP Energy Services, an AEP subsidiary. "The addition of Indian Mesa furthers our goal of enhancing the renewable portion of our overall generation portfolio. We're also pleased with the opportunity to establish a relationship with CPS."

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