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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

Alliant Energy Announces Agreement to Build 210 MW Wind Farm in Iowa

LCG, July 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), and Invenergy announced Monday that the companies signed contracts by which Invenergy will complete development of the 210-MW Richland Wind Farm in Sac County, Iowa. Alliant Energy will construct and own the wind farm, which is scheduled to be completed by early 2020.

The Richland Wind Farm, located in west-central Iowa, is part of Alliant Energy's resource plan to install 1,000 MW of new wind generation for its Iowa customers by the end of 2020. The expansion comes from five new wind farms in Iowa. Richland Wind Farm is the fifth and final part of this project.

The president of IPL stated, "Wind energy is a win for Iowans and especially our customers. Because there is no fuel cost associated with wind generation, when complete, our five new wind farms will produce cost-effective, clean energy for our customers for decades."

Alliant Energy's $1.8 billion investment in wind energy supports the company's plan to reduce carbon dioxide emissions by 40 percent (relative to 2005 levels) by 2030.

Alliant Energy received approval from the Iowa Utilities Board (IUB) in 2016 to add up to 500 MW of wind energy, and the company requested a similar expansion from the IUB again in 2017. Through this expansion, combined with existing wind farms and market purchases, the company has previously stated that it expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

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