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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 at Majestic Wind Farm in Texas

LCG, September 17, 2008--Babcock & Brown announced yesterday that it has closed on the financing and has started construction of the Majestic Wind Farm, which is located northeast of Amarillo, Texas. The electric generating capacity of the project is 79.5 MW, and full commercial operation is scheduled to be achieved by year-end.

Babcock & Brown plans to dramatically increase its generating capacity in the region. A Babcock & Brown spokesperson stated, "The Majestic Project will be followed by Majestic II next year, and then by our 1,000 MW Panhandle Wind Project, once the ERCOT CREZ (Competitive Renewable Energy Zone) transmission facilities are in place."


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