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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

SMMPA to Purchase Energy from 100-MW Wapsipinicon Wind Project

LCG, April 16, 2008--The Southern Minnesota Municipal Power Agency (SMMPA) executed a 20-year, power purchase agreement (PPA) for the energy produced by Wapsipinicon Wind Project LLC., a subsidiary of enXco. The project is scheduled for completion by the end of this year.

The Wapsipinicon Wind Project will be built approximately 90 miles south of Minneapolis in Mower County, Minnesota. The project will include 67 GE wind turbines, each with a capacity of 1.5 MW.

Minnesota adopted a Renewables Portfolio Standard (RPS) for utilities last year that sets rising renewable energy targets of 12% in 2012 up to 25% in 2025.

According to the American Wind Energy Association, Minnesota now ranks third in the United States with respect to wind power generating capacity of 1,299 MW. The top two states are Texas and California, with 4,356 MW and 2,439 MW, respectively. Nationwide, over 5,200 MW of new wind generating capacity was installed last year.


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