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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

Duke Energy Announces 110-MW Wind Project in Texas

LCG, September 4, 2014-Duke Energy Renewables, a commercial business unit of Duke Energy, announced yesterday that it will construct, own and operate a 110-MW wind power project in Starr County, Texas. The power generated from the wind farm, Los Vientos V, will be purchased by Garland Power & Light, Greenville Electric Utility System and Bryan Texas Utilities (BTU). Each purchaser has signed a 25-year power purchase agreement (PPA). The project is expected to be completed in late 2015.

The Los Vientos V wind power project will include 55 2-MW wind turbines manufactured by Vestas.

In Willacy County, Texas, Duke completed Los Vientos I (200 MW) and II (202 MW) in 2012. Los Vientos III and IV (each with a capacity of 200 MW) are two additional Duke Energy projects in Starr County, Texas, with in-service dates in late 2015 and 2016, respectively. Once these projects are all in service, Duke Energy's total wind-generated capacity will exceed 2,100 MW.
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