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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

OG&E Announces Plans to Purchase Wind Project

LCG, December 28, 2005--Oklahoma Gas and Electric Company (OG&E) announced last week that it has agreed to purchase a 120-MW wind project located in northwestern Oklahoma for $180 million. The non-binding agreement is a letter of intent with Invenergy Wind LLC, an affiliate of Chicago-based Invenergy LLC.

The wind farm would be developed by Invenergy Wind LLC and would be owned and operated by OG&E. The project site is in Harper County. The final terms of the agreement must still be developed and would be subject to approval by the Oklahoma Corporation Commission. Given timely development and approval of the agreement, the project could be built and begin generating electricity by the end of 2006.

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