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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

GRDA and TradeWinds Announce Agreements for Two Wind Farms in Oklahoma

LCG, March 28, 2014 - Grand River Dam Authority (GRDA) announced Tuesday that it has entered into 20-year power purchase agreements (PPAs) with TradeWind Energy, Inc. for the electricity generated from two wind farm projects in Oklahoma. The agreements were approved by the GRDA board of directors.

The two projects are the Mustang Run and Breckinridge Wind Projects. The combined generating capacity for the two projects is 234 MW. The Mustang Run Wind Project has a design capacity of 136 MW and will be developed on 16,000 acres in Osage County. The Breckinridge Wind Project has a design capacity of 98 MW and will be developed on approximately 10,000 acres in Garfield County.

GRDA is pursuing new generation resources to reduce dependence on coal and create a more diverse supply portfolio. "The addition of these wind projects will help bring the diversity we need," said GRDA's CEO. "The fuel options we will have in the future will continue to serve our customers well with reliability and affordability. We look forward to our partnership with TradeWind in this very important step toward our future."

Earlier this month, GRDA announced an agreement with Mitsubishi Hitachi Power Systems Americas (MHPSA) for MHPSA to supply GRDA with a 495-MW combined cycle natural gas facility that will utilize the J-Series gas turbine and be operational by March 2017. The new unit (GRDA Unit 3) will be located at the Grand River Energy Center (formerly GRDA Coal Fired Complex), about 56 kilometers east of Tulsa.
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