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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

Capacity Increase Planned for North Dakota Wind Farm

LCG, January 23, 2007--Minnesota Power announced Friday plans to purchase wind power from the Oliver Wind II Energy Center that is to be constructed in North Dakota. The wind project will be built, owned and operated by a wholly owned subsidiary of FPL Energy. The project, which has a design generating electric capacity of 48 MW, is scheduled to be operational by the end of this year.

The Oliver Wind II Energy Center is sited adjacent to the new Oliver Wind I Energy Center, which has a generating capacity of 50.6 MW and commenced operations last month. Minnesota Power purchases all of the output from Oliver Wind I under a long term purchase agreement and will purchase all of the power from Oliver Wind II.

The plans for the Oliver Wind II Energy Center consist of 32 wind turbines, each with a design capacity of 1.5 MW. The turbines are to be manufactured by General Electric.
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