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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

Xcel Energy to Purchase Power from New Wind Farms

LCG, October 26, 2004--Excel Energy announced that it will purchase power from two, new wind farms that are scheduled to commence operations late next year. Cielo Wind Power will develop a 160-MW wind farm located west of Amarillo, Texas on land previously acquired or leased. The second wind farm, with a planned capacity of 120-MW, will be developed near the town of Elida in eastern New Mexico by Padoma Wind Power, LLC.

The projects follow the recent approval of the federal production tax credit (PTC) by the House and Senate. The Padoma Wind Power project will also be eligible for state tax credits.

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