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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

Ontario Approves Contracts for Renewable Projects Totaling 872 MW of Capacity

LCG, February 25, 2011-- The province of Ontario yesterday announced that it approved contracts for 40 new renewable power projects with a combined electric generating capacity of 872 MW and a corresponding private sector investment of over $3 billion.

The approved contracts are for wind, solar, and small hydroelectric projects. The contracts are part of Ontario's feed-in tariff (FIT) program that was launched in October 2009 as a means to incent the construction of renewable power facilities and to compensate for Ontario's planned loss of electric generation due to discontinuing coal combustion in its coal-fired generating stations by the end of 2014.

Four wind projects, with a combined capacity of 615 MW, received contracts, with the largest recipient being Nigiig Power Corp., which is developing a 300-MW project in northern Ontario.

Thirty-five solar projects, with a combined capacity of 257 MW, received contracts. SkyPower Ltd, received 13 solar contracts totaling 148.3 MW of capacity.
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