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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

Sempra Acquires 78-MW Wind Project in Minnesota

LCG, April 24, 2015-Sempra U.S. Gas & Power yesterday announced that it has acquired the Black Oak Getty wind project in Sterns County, Minnesota from Geronimo Energy, LLC, a wind and solar energy developer. Construction is scheduled to begin in spring 2016, and the project is expected be in commercial operation late next year.

Minnesota Municipal Power Agency (MMPA) will purchase all of the power generated from the wind farm under a 20-year power purchase agreement (PPA). The purchase will help MMPA meet its renewable energy obligation of 25 percent in 2025.

The president and CEO of Sempra U.S. Gas & Power stated, "We are pleased to have the opportunity to diversify and expand our renewables portfolio through the acquisition, development and operation of the Black Oak Getty wind project. We look forward to providing Minnesota with a stable supply of clean, renewable energy and becoming a long-term partner with the local community through the development and operation of this project."

The Black Oak Getty wind farm is located in central Minnesota. The project is expected to include up to 51 wind turbines.

Once the 78-MW Black Oak Getty project is completed, Sempra U.S. Gas & Power, together with its affiliates and joint-venture partners, will have wind facilities in seven states with a combined generating capacity in excess of 1,200 MW.
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