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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

BP Wind Energy Starts Construction on 200-MW Wind Project

LCG, July 22, 2009--BP Wind Energy announced last Thursday that construction has commenced on phase two of the Fowler Ridge Wind Farm in Benton County, Indiana. The 200-MW capacity addition is scheduled to deliver power to the grid in the first quarter of next year.

There are four, 50-MW, long-term power purchase agreements (PPAs) for the electricity generated from the Fowler Ridge II Wind Farm. Three agreements are with operating units of American Electric Power (AEP) and one with Vectren Energy Delivery of Indiana.

The Fowler Ridge II Wind Farm is on a 17,000-acre site located approximately 90 miles northwest of Indianapolis. The expansion includes 133 GE wind turbine generators, each with a rated capacity of 1.5 MW.

Construction began on the initial phase of the 400-MW, Fowler Ridge Wind Farm in early 2008, and full commercial operation was achieved in April of this year. Phase I includes 182 Vestas 1.65-MW turbines and 40 Clipper 2.5-MW turbines.
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