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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

Official Inauguration of Walney Offshore Wind Farm

LCG, February 9, 2012--The United Kingdom Energy Secretary today led the official opening of the Walney Offshore Wind Farm, a 367.2-MW mega-project located approximately 9 miles off the coast of Cumbria. The $1.9 billion project is a joint venture between DONG Energy, SSE and OPW, and it includes 102, 3.6-MW turbines provided by Siemens.

CEO of DONG Energy stated, "Walney is a landmark in offshore wind and DONG Energy?s strong drive to further industrialize offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."

The project was completed in two phases (Walney 1 and 2),each including 51 turbines. The rotor diameter of the turbines is 107m for Walney 1 and 120m for Walney 2, with a maximum height of 150m from blade tip to sea level. The total area of the development is some 73 square kilometers. Walney 2 was completed in November of last year.
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