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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

GE Increases Investments in Texas Wind Projects

LCG, November 2, 2007--GE Energy Financial Services, a unit of General Electric Company, announced yesterday its investment in a wind farm located in west Texas with Invenergy Wind LLC. Construction began this summer, and the project is scheduled to commence operations in April 2008.

The project, the Stanton Wind Energy LLC project, has a design capacity of 120-MW and will include 80 GE 1.5-Mw wind turbines. The project will interconnect with the Midland East to Big Springs West 138 kV line. Electricity generated by the project will be sold into the ERCOT market.

According to GE Energy Financial Services, the company holds equity in 51 wind farms around the world, with an electric generating capacity of over 2.5 GW. GE plans to double its more than $2 billion of renewable energy investments by 2010.
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