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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.

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

OG&E Announces Plans to Purchase Wind Project

LCG, December 28, 2005--Oklahoma Gas and Electric Company (OG&E) announced last week that it has agreed to purchase a 120-MW wind project located in northwestern Oklahoma for $180 million. The non-binding agreement is a letter of intent with Invenergy Wind LLC, an affiliate of Chicago-based Invenergy LLC.

The wind farm would be developed by Invenergy Wind LLC and would be owned and operated by OG&E. The project site is in Harper County. The final terms of the agreement must still be developed and would be subject to approval by the Oklahoma Corporation Commission. Given timely development and approval of the agreement, the project could be built and begin generating electricity by the end of 2006.

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

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

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OG&E Announces Plans to Purchase Wind Project