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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

Siemens Receives Order to Supply Turbines for 200-MW Wind Project in Texas

LCG, February 12, 2015-Siemens announced Tuesday that Pattern Energy Group LP (Pattern Development) has awarded the company an order to supply and install 87 wind turbines at the Logan's Gap Wind project located in Comanche County, Texas,. The 200-MW project will use the SWT-2.3-108 wind turbines, each with a power rating of 2.3 MW and 53 meter blades. The installation is scheduled this year, and operations are to commence this fall. An executed service and maintenance agreement for the turbines is included in the agreement.

Wal-Mart Stores, Inc. has a 10-year power purchase agreement (PPA) to acquire 58% of the expected output from the project. A financial institution will purchase 17% of the expected output under a 13-year fixed price agreement, and the remaining 25% of expected output will be sold at ERCOT spot market prices.

The Logan's Gap Wind project is located in ERCOT's North Zone and will connect to Oncor's 138kV Comanche-Zephyr line, which crosses the project site and supplies power to the Dallas-Fort Worth area.

The nacelles for the project will be assembled at the Siemens facility in Hutchinson, Kansas. The blades will be manufactured at the Siemens blade facility in Fort Madison, Iowa.
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