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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

FERC Judge Recommends 11-state Northeast RTO

LCG, Sept. 18, 2001--A Federal Energy Regulatory Commission administrative law judge yesterday released a 27-page recommendation to establish a single regional transmission organization system for 11 Northeastern states, possibly by the end of next year.

Citing "difficult substantive issues," Judge Peter Young said it wouldn't be easy. "The complexity of the technology it will take to implement and administer that market is staggering," he wrote.

Young's recommendation is based on the existing PJM Interconnection, the independent system operator for Pennsylvania, New Jersey and Maryland. The new, super-RTO would include the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. Its territory would stretch 800 miles from southern Maryland to northern Maine and 600 miles from Pittsburgh to the Atlantic coast.

You could put the whole shooting match in Texas.

FERC has indicated its support for four regional super-RTOs that would operate "seamlessly" interconnected grids for the Northeast, Southeast, Midwest and West. The Northeast RTO proposed by Young would build on PJM and incorporate the New York Independent System Operator and ISO-New England.

Young noted that the RTO would "constitute the largest energy market in the world," in commenting on the difficulties facing its formation, and wrote that governance of the organization was one of the "thorniest" issue. So far, the New York and New England ISOs have resisted attempts to chip away at their independence, but FERC has turned them down on their requests to remain as stand-alone ISOs.

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