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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

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LCG Publishes 2025 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.

Read more

Industry News

Construction Begins on Ørsted's 420-MW Solar Plus Battery Storage Project in Texas

LCG, November 14, 2019--Ørsted announced yesterday that, following the final investment decision from its Board of Directors, the company has begun construction on its first utility-scale solar plus battery storage project, the Permian Energy Center.

The Permian Energy Center project includes 420 MW of solar PV generating capacity and 40 MW of battery storage capacity. The solar modules will be supplied by Jinko Solar and JA Solar. The project will be built on a 3,600-acre site in Andrews County, Texas, and is scheduled to commence operations in mid-2021.

Ørsted's CEO stated, "We are very excited to be moving ahead with the Permian Energy Center project and to be adding solar plus storage to our rapidly growing portfolio of US onshore assets. With the completion of Permian, Ørsted will have a US portfolio of operating assets that spans the full spectrum of offshore and onshore renewable energy technologies, which we believe is important as we look to offer our customers the most competitive and diverse clean energy solutions into the future."
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