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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

Local Opposition to Cape Wind Project Persists

LCG, June 19, 2009--Cape Wind Associates must respond to continued local opposition to its wind farm planned for installation in Nantucket Sound, about five miles off the shore of Massachusetts. The project developer, Cape Wind, has pursued government approval since 2001.

The Cape Cod Commission (CCC), a local land-use planning and regulatory agency, together with the city of Barnstable and the Alliance to Protect Nantucket Sound, appealed the Massachusetts Energy Facilities Siting Board?s approval of the Cape Wind offshore energy project. The Massachusetts Supreme Judicial Court will hear the appeal.

On May 28, the Massachusetts Energy Facilities Siting Board completed a Certificate of Environmental Impact and Public Interest granting all of the state and local permits necessary for the Cape Wind Associates wind energy project to proceed to construction. The Siting Board voted 7-0 to grant the Certificate, with minor modifications.

The Cape Wind Energy Project has a design generating capacity of 468 MW and includes 130 wind turbines that would - at the highest blade tip - extend 440 feet above the surface of the water. Concerns of opponents to the project include the visibility of the wind farm and related impacts on tourism.
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